IT service providers: How the Corona crisis affects the order situation of freelancers
Sending employees to the home office, laptops for all employees or setting up VPN connections - IT managers were confronted with these tasks during the Corona crisis. External IT service providers were often contracted to handle these tasks. According to a survey by Hiscox, more than half of the smaller IT service providers and freelancers surveyed are currently experiencing a drop in sales. However, two-thirds expect orders to remain steady or increase in the future. Nearly half of respondents now see a higher relevance for financial loss liability insurance. Surprisingly, IT service providers ' overall order volumes have declined since the Covid 19 pandemic - presumably due to clients cutting back on other contracts as a result of the crisis. A recent survey by Hiscox, an insurer specializing in the IT industry, shows that small IT service providers' revenues have dropped as a result of the Corona crisis. However, the affected IT freelancers and small businesses ar