Aviva Risk Insights Report - 2021

Analysing the risks facing UK businesses

Read the Report

The Aviva Risk Insights Report is based on research with business leaders and is intended to give the business community insights and analysis on the risks and challenges that UK businesses are facing. The 2021 report shows significant changes to the risks that businesses feel exposed to year on year. Economic concerns have replaced public health as the biggest risk this year. A shortage of skilled workforce and business interruption (including supply chain disruption) feature highly. Reputation and brand value, cyber security and the mental health and wellbeing of employees also remain fixtures in the top ten list.

Did you know?

58%

of businesses identify economic concerns as their biggest risk1

44%

of businesses said they've made fundamental changes to the way their business operates1

19%

of businesses have made changes to their supply chains due to Brexit1

This year’s Risk Insights Report shows that as the immediate crisis of Covid-19 appears to be receding, new challenges are appearing in its wake. British businesses are concerned about a range of headwinds largely beyond their direct control, including the economy, inflation, Brexit impacts, supply chain issues and a shortage of skilled employees. While the economy is recovering after the shock of the pandemic, foresight and resilience will still be essential for success in the year ahead.

Adam Winslow, CEO, UK & Ireland General Insurance

Top Ten Key Risks Facing UK Businesses

As businesses attempt to bounce back following the pandemic, this research shows there is an uneven confidence in economic recovery, supply chain and the UK's ability to trade following Brexit. The recent shortage of skilled workforce is having a huge impact across all sectors.2

Top ten key risks facing UK business

Download the 2021 Aviva Risk Insights Report

This research provides a comprehensive source of intelligence on the risks UK businesses face, their level of preparedness, and the methods they’re using to manage and mitigate those risks. 

Download the report PDF (3.8 MB)

Methodology

This research was carried out in partnership with YouGov during August and September 2021. Fieldwork consisted of 1,251 online interviews which were completed across a variety of business leaders, industry sectors, sizes and regions. 

Hear from our experts

In an InsureTV hosted panelist session, our Aviva experts discuss the latest results from the report. 

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