Brokers must be aware of the new risks to SMEs as the risk landscape changes according to experts at a panel session hosted by RSA.
The discussion, prompted by the RSA Economic Imperative report, detailed how businesses would be facing new challenges in 2017 and panellists addressed what SME brokers needed to do to mitigate this.
The report noted a range of factors that will impact SMEs in the coming years. They included:
• An expected inflation rise to 2.7% from 1.6%
• Decreased growth in
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