EY Megatrends 2020 and beyond

Understanding megatrends will help you see opportunities where others don’t. As society shifts in completely new ways, opportunities will emerge to reframe the future. To identify the correct path, organizations must challenge currently held assumptions about customer and workforce strategies, where competition will come from, and where growth will be made. The EY Megatrends framework … More EY Megatrends 2020 and beyond

How does a stronger workforce drive a stronger recovery?

Organizations that put people at the center can win the trust that will define true resilience in a post-COVID world. For perhaps the first time in history, the human population has been united around the world by a common threat at the same time: COVID-19. When uncertainty and fear levels are high, our human ability … More How does a stronger workforce drive a stronger recovery?

How do you remain resilient against a wave of COVID-19 claims?

COVID-19 is likely to drive a surge in disputes and contested claims. Companies that take proactive action now can mitigate their impact. In the confusion and unpredictability that characterizes the economic impact of COVID-19, one outcome is certain: there will be a wave of disputes. This will take many forms including: contested business interruption and event cancellation … More How do you remain resilient against a wave of COVID-19 claims?

Five hidden complications when converting factories to fight COVID-19

Businesses shifting their focus in response to the pandemic should understand how tax, law and workforce rules will affect their efforts. From tiny liquor distilleries making hand sanitizer to large manufacturers producing ventilators for hospitals, businesses around the world have responded to the COVID-19 pandemic by converting their normal operations into manufacturing lines that produce desperately … More Five hidden complications when converting factories to fight COVID-19

How diversification is remodeling utilities’ growth strategies

Decarbonization, digitalization and decentralized energy systems are shaping a new energy and utility world, forcing power and utility (P&U) companies to set up new strategies. They have to transform their business models to meet the demands of a world in which customers can generate and trade electricity among themselves; where nontraditional new entrants from the … More How diversification is remodeling utilities’ growth strategies

Converge or conglomerate

Competition law implications for Technology Media and Telecommunications When it comes to convergence, TMT companies are relentlessly driving disruption, even as that same force ceaselessly reshapes them. Their market boundaries continually dissolve, reform and dissolve again. Content distributors are transforming into content producers, and vice versa; service providers are becoming tech companies; and technology companies … More Converge or conglomerate

Technology transforms risk management for financial institutions

As technology transforms risk management, financial institutions face both opportunities and threats. Digital processes have the potential to make compliance more effective and efficient but, for many organizations, major technology improvements are stymied by cost and talent constraints. The use of compliance-led shared services models is helping overcome these issues, but a series of major … More Technology transforms risk management for financial institutions

Why Specialty Finance M&A Continues to Thrive

EY defines specialty finance as any financing activity that takes place outside of the traditional banking system. Our analysis focuses on two distinct subsectors: consumer finance and commercial finance. Specialty finance remains an active market for M&A with both private equity (PE) and strategic acquirers attracted to high-yield opportunities across the sector. Although high valuations … More Why Specialty Finance M&A Continues to Thrive

The evolution in self-driving vehicles: Trends and implications for the insurance industry

Read the full report here. A number of social, economic and technological trends are working together to disrupt mobility. The automotive industry, in particular, is experiencing a massive amount of change. In the not-too-distant future, fully autonomous vehicles will be the norm rather than the exception, redefining urban mobility as we know it — and … More The evolution in self-driving vehicles: Trends and implications for the insurance industry