Companies From India and Japan Quietly Sending Employees Abroad

Quietly sending people abroad are companies from India and Japan.

With China openly admitting that it may not as predicted take over from the USA as the biggest economy and expecting massive population falls, and restricting overseas trade we are already seeing Chinese companies including insurers looking to offload overseas investments.

This will produce a vacuum for global trade and while European UK and USA companies expect to take advantage they may face much more competition than expected from companies across Asia and maybe even from Africa.

All the above is a timely reminder for insurers and brokers in IPMI that the world is fast evolving and the historic idea of the market being mainly Western European companies going to the third world may be wrong as the so called third world countries may be much more technically advanced and faster off the mark with new ways of marketing to new opportunities than their historic ‘’betters”.