SMEs ignoring under-insurance minefield

The majority of commercial insurance brokers believe their small and medium sized (SME) clients are underinsured, according to new research from Axa Insurance.

Around half believe their SME clients do not have enough insurance for their working premises and 55% claim they need more cover for their motor fleets. Some 56% of commercial brokers interviewed felt their clients were underinsured with regards to protecting themselves against any loss of income that might occur as a result of a disaster

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