Future of business

In the industrial era, a company’s business model didn’t change much. The way in which businesses developed, delivered and captured value would remain static for decades. But in today’s technologically advanced and globalised world, industries are being disrupted, enhanced and reinvented – at an exponential pace.

The velocity of change – and its breadth and sheer impact – is being felt in almost all countries, sectors and markets. Its impact extends to entire systems of production, supply chains, distribution, and in areas of management and governance.

In a six-part series, we look at the scale of change in the industries that are driving real innovation and shaping the future of business.

Future of manufacturing

Story 1

Engineering the fourth industrial revolution

The digital transformation to mechanised production is increasingly taking humans out of the equation. But effective risk prevention demands in-person site visits and in-depth dialogue

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The changing face of product recall

As both products and supply chains become more complex, is it surprising that recalls between manufacturers and their suppliers are more common?

Story 2

Do digital supply chains really bring 100% transparency?

Digital supply chains may promise much sought-after transparency, but they could bring more unknowns as they raise questions about data security and compliance

Story 4

Pushing the boundaries of traditional cover

In the bid to mitigate the intangible manufacturing supply chain risks, Konrad Meisterhans and Thomas Keist explain how innovative approaches such as  parametric solutions can complement traditional products

Future of construction

  • Story_1_BIM

    A new dawn for the construction industry

    As the world’s population continue to grow, demand for enhanced and new infrastructure has never been greater. This poses many challenges and intensifies the risks of project delays and cost overruns. But the tech revolution is bringing fresh new opportunities, albeit slowly

  • Story_2_3D_Printing

    Printing grand designs

    Highly cost-effective, energy-efficient, fast – 3D printing could be the future of homebuilding. But is the technology too new for insurers?

  • Story_5_Cyber

    Cyber protection? Still under construction

    Contractors and construction sites are becoming more digitised – leaving them exposed to cyber risks. But why would a hacker target a construction contractor?

Story_5_Green_construction_revised

Can construction truly go green?

After a sustained push to improve the energy efficiency of homes and offices, the focus has now shifted to the construction companies that build them – and they are not performing well

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Expert view: A trusted partnership pays claims quicker

Construction claims can be highly intricate and, on occasion, contentious. In such situations, being able to build trust between key stakeholders within the claims process is vital if you are to achieve successful outcomes, says Jonathan Sargent, head of wholesale property & casualty claims, EMEA, Swiss Re Corporate Solutions

Future of food and drink

Story 1

Digitising your dinner

With growing awareness of what can go wrong with their food before it reaches their plate, consumers are demanding more. Tracking technology and sensors could provide the answer

Story 2

Future of food

Demand for fresh, fast, diverse food options is boosting innovation, but also unseen risks throughout the supply chain. In response comes a new age of insurance

Story 3

Can science solve starvation?

The colossal imbalance between global hunger and food waste must be addressed. But opinions vary on the controversial measures that could feed the world

Story 4

Intangible risks that break the chain

The way we get food across the globe is growing more complex, bringing unseen vulnerabilities to the supply chain, writes Swiss Re Corporate Solutions’ food and agriculture expert Oleksandr Artiushyn

Future of transportation

Rail

Fast track to rail innovation

Advancements in train travel are notoriously slow. So it is unexpected that railways could be the root of the first significant innovation in mass passenger transit in more than a century

Marine

Automating the high seas

The world’s first fully automated vessel is expected to set off on its first unmanned voyage by 2022 and that promises to be a good thing for the environment. But the innovation comes from an unlikely corner of the marine industry

Uber

Taxis: prosperity and pain

Ride-sharing apps like Uber have been both good and bad for taxi drivers. But the introduction of autonomous vehicles is likely to signal a bleak future for all professional drivers – and challenges for insurers

Airplane

One-way ticket to a green future

Climate change concerns are fuelling a change in direction as air travel industry explores environmentally friendlier alternatives. The risks of such innovation are high, but the greatest risk of all is standing still