The insurance industry is currently undergoing a period of upheaval that has rarely been seen before. Major challenges include:
- The continuing disruption caused by the increased level of digitisation and automation of various functions
- Keeping up with the evolving ways in which insurance is procured both by individuals and also corporate entities
- A move towards low-risk areas and for smaller companies, a level of specialisation that creates a differentiating factor
- Attracting employees from other sectors vying for the same technology savvy talent pool
From a real estate perspective this means:
- Maintaining an agile and efficient portfolio to adapt quickly to business challenges
- Keeping a fierce control of costs to focus resources on market facing products and services
- Ensuring effective use of capital with a clear own versus lease strategy
- Providing attractive workplaces and workplace experiences especially in the locations which attract the best talent
Cushman & Wakefield's Insurance team is made up of strategy consultants, transaction professionals, project managers and architects with the expertise and skills to provide insightful, smart and effective real estate solutions in aid of your strategic objectives.