Over the past five years, small businesses have faced unprecedented challenges, from the COVID-19 pandemic and supply chain breakdowns to rising digital threats and extreme weather events.
These disruptions have reshaped small business risk management, pushing companies to create new opportunities for themselves, regardless of whether they have a dedicated risk function.
Small business leaders have leaned into innovation and increased productivity, finding new ways to grow while staying grounded in their core purpose. They've empowered employees to take on new responsibilities, led through change and helped build resilience during uncertainty. And they are calling on their broker partners more than ever before for risk advice.
Based on a global survey of small business leaders that Gallagher conducted, Survival Under Pressure reveals how small firms have responded to growing business interruption, extreme weather impacts and digital risks.
It offers practical insights into how small businesses are harnessing their ability to be nimble and agile, while building forward-looking strategies to stay competitive and confident in a more uncertain world.
