ABI and government launches SME campaign

Research shows that:

Over two thirds of these firms have no contingency plans to deal with an emergency, such as a major flood or fire. Seven out of 10 small firms would go out of business if they experienced a major emergency in their first year of trading.

Stephen Haddrill, the ABI’s director general, said: “Small to medium-sized firms are particularly vulnerable to the unexpected event, that could bring them down. We have produced this guide following last summer’s floods, when insurers

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