The retail sector was already undergoing significant transformation in advance of the COVID-19 pandemic, with movements towards online purchasing and quick delivery. A number of governments in different nations placed limitations on in-person shopping, and customers increasingly prefered secure, contactless delivery and return options as a result of the pandemic, which sped up change.

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Since digital purchasing is by no means a new phenomena, the increase in demand during the epidemic has presented unexpected difficulties for merchants and wholesalers with retail operations. In order to adapt to and manage an increasingly complex set of risks, from cybersecurity to supply chain disruptions, retailers and wholesalers are being forced to operate at the limit of their capabilities.

The team at ASCOT are specialists in the Retail & Wholesale Industry and can assist your business with a tailored insurance package. 

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