Marsh ProBroker research shows SMEs lack protection
Network calls on brokers to help SMEs protect themselves against financial and technological risks.
A majority of small and medium enterprises (SMEs) in the UK are uninsured against risks that could affect their business, according to a report by Marsh ProBroker.
The network stated that many SMEs followed a 'same as last year' approach to insurance and failed to assess emerging risks, including cybercrime.
The research shows, only 6% of respondents believed they were insured against cash flow or financing problems and 13% believed they had cover for hacking and cybercrime.
The research also
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