Axa urges brokers to support insurers in SME fraud fight

Matthew-reed-axa-133

One in ten small business owners said it was acceptable to inflate the value of goods stolen, and almost one in five would consider it satisfactory to fake a whiplash claim or a minor accident at work, according to Axa’s survey of 503 business owners.

The research also revealed that small business owners would be 25% more likely to make a fraudulent claim on their business insurance rather than their personal insurance.

Tradesmen and retailers topped the list of sectors where people have

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