The UK economy is looking more resilient1 than expected with 83% of businesses trading in April 20211 but the pandemic continues to have a significant impact with 13% of the UK workforce still on furlough. Trading conditions remain uncertain and although it is expected that we will see an increase in business confidence as we emerge from “lockdown”, there are still plenty of unknown factors particularly when Government support is withdrawn.
Join us for our webinar on Thursday 3 June 2021 at 10am, when our panel of specialists will consider the state of the market, and the withdrawal of the Government Reinsurance Scheme, which was introduced last year in recognition of the key role trade credit insurance plays in supporting the supply chain and facilitating trade.
The webinar will consider:
- The economic outlook
- The impact of the end of the Government Reinsurance Scheme on 30 June 2021
- The state of the market – hard, soft or just uncertain?
- The risk outlook
- Q&A
Our panel includes:
- Tim Fisher, Managing Director, Gallagher Trade Credit
- Phil Prunty, Executive Director, Gallagher Trade Credit
- Simon Philpin, Senior Underwriter & Head of Business Development – Trade Credit Markel
- Colin Cunningham, National Sales Leader, Gallagher Trade Credit
If you are unable to join us on the day please register and we will send you a link after the event so you watch ‘on demand’ at your convenience.
1. https://www.ey.com/en_uk/news/2021/04/uk-growth-prospects-significantly-brighter-as-ey-item-club-publishes-upgraded-economic-forecast
2. https://www.theguardian.com/world/2021/apr/29/uk-workers-come-off-furlough-consumer-spending-rises
Gallagher is a risk management, insurance and HR/benefits consultancy and will be sharing their views in that capacity. This webinar is not intended to give legal or financial advice, and, accordingly, should not be relied upon for such. This should not be regarded as a comprehensive statement of the law and/or market practice in this area. In preparing this webinar we have relied on information sourced from third parties and we make no claims as to the completeness or accuracy of the information contained herein. It reflects our understanding as at the date of the webinar but you will recognise that matters concerning COVID-19 are fast changing across the world. You should not act upon information nor determine not to act, without first seeking specific specialist advice. Our advice to our clients is as an insurance broker and is provided subject to specific terms and conditions, the terms of which take precedence over any representations in this webinar. No third party to whom this is passed can rely on it. We and our officers, employees or agents shall not be responsible for any loss whatsoever arising from the recipient’s reliance upon any information we provide herein and exclude liability for the content to fullest extent permitted by law. Should you require advice about your specific arrangements or circumstances, please get in touch with Gallagher.
