{"id":14492,"date":"2021-05-05T23:00:00","date_gmt":"2021-05-05T23:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/05\/05\/chubb-report-reveals-the-risk-and-uncertainty-faced-by-small-and-mid-sized-businesses-as-they-increasingly-conduct-business-digitally\/"},"modified":"2021-05-05T23:00:00","modified_gmt":"2021-05-05T23:00:00","slug":"chubb-report-reveals-the-risk-and-uncertainty-faced-by-small-and-mid-sized-businesses-as-they-increasingly-conduct-business-digitally","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/05\/05\/chubb-report-reveals-the-risk-and-uncertainty-faced-by-small-and-mid-sized-businesses-as-they-increasingly-conduct-business-digitally\/","title":{"rendered":"Chubb report reveals the risk and uncertainty faced by small and mid-sized businesses as they increasingly conduct business digitally"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>SYDNEY,\u00a0 AUSTRALIA &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>\u00a0&#8211; 6 May 2021 &#8211; Chubb&#13;<br \/>\nhas released a new report, &#8220;<a href=\"https:\/\/www.chubb.com\/content\/dam\/chubb-sites\/chubb-com\/au-en\/campaign\/digital-business-accelerated\/research-report.pdf\">Digital&#13;<br \/>\nBusiness Accelerated<\/a>,&#8221; which explores how small and&#13;<br \/>\nmid-sized businesses are managing their digital transformation \u2013 a transition&#13;<br \/>\nthat has accelerated in the wake of COVID-19.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Chubb partnered&#13;<br \/>\nwith Accenture to survey small and mid-sized businesses in nine markets around&#13;<br \/>\nthe world, including Australia. Through\u00a0a survey of 1,350&#13;<br \/>\nrespondents across diverse industries, the&#13;<br \/>\nresults revealed\u00a0four mega-trends that impact\u00a0businesses pursuing digital transformation.&#13;<br \/>\nThese are:&#13;<br \/>\nnavigating digital customer demands, harnessing the power of data, supporting a&#13;<br \/>\ntransformed workforce and playing in the global marketplace.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;To navigate&#13;<br \/>\nthe new normal, many small and mid-sized companies&#13;<br \/>\nhave pivoted their businesses digitally,&#8221; said Mike Hooton, Head of Small&#13;<br \/>\nCommercial and Middle Market Division for Chubb Insurance Australia Limited. &#8220;Embracing&#13;<br \/>\ndigital transformation can help companies survive and thrive, but it also comes&#13;<br \/>\nwith significant risk. From product liability to increased cyber security&#13;<br \/>\nthreats, Australian business owners need to review their risk&#13;<br \/>\nmitigation plans to ensure they have the necessary protection in place as they&#13;<br \/>\nseize digital opportunities.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Specific&#13;<br \/>\ndigital business priorities and associated risks among the four trends\u00a0include:<\/p>\n<ul>\n<li>Navigating&#13;<br \/>\ndigital customer demands: approximately half of the respondents are focusing on&#13;<br \/>\nseamless on-demand delivery of products;<\/li>\n<li>Harnessing&#13;<br \/>\nthe power of data: adopting AI technology in processes is the top priority for&#13;<br \/>\nAustralian small to mid-sized businesses;<\/li>\n<li>Supporting&#13;<br \/>\na transformed workforce: 77% of businesses are focused on providing flexible,&#13;<br \/>\nremote work solutions; and<\/li>\n<li>Thriving&#13;<br \/>\nin the global market: 41% are prioritising offering products or services&#13;<br \/>\ninternationally.<\/li>\n<\/ul>\n<p>Marianne&#13;<br \/>\nHutchinson, Insurance Lead for Australia at Accenture, said, &#8220;Following&#13;<br \/>\nCOVID-19, small and mid-sized businesses will look to embrace data and&#13;<br \/>\ntechnology to grow, improve customer experience, operate more efficiently and&#13;<br \/>\nbecome more flexible and resilient with digital processes and services. We&#8217;re excited&#13;<br \/>\nto be collaborating with Chubb on new insights to support Australian businesses&#13;<br \/>\nin a rapidly changing, digital future.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>To learn more about the&#13;<br \/>\nreport and how small and mid-sized businesses can assess their new digital&#13;<br \/>\nbusiness risk exposures and insurance needs, visit <a href=\"http:\/\/www.chubb.com\/digitalbusiness\/au\">chubb.com\/digitalbusiness\/au<\/a><\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-05-06\/76874\/chubb-report-reveals-the-risk-and-uncertainty-faced-by-small-and-mid-sized-businesses-as-they-increasingly-conduct-business-digitally\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY,\u00a0 AUSTRALIA &#8211;\u00a0Media OutReach\u00a0&#8211; 6 May 2021 &#8211; Chubb&#13; has released a new report, &#8220;Digital&#13; Business Accelerated,&#8221; which explores how small and&#13; mid-sized businesses are managing their digital transformation \u2013 a transition&#13; that has accelerated in the wake of COVID-19. &#13; &#13; \u00a0 &#13; &#13; Chubb partnered&#13; with Accenture to survey small and mid-sized businesses &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14492"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14492"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14492\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}