Norwich Union acts to stem rising burglary costs

- Insurance Age staff
- 30 Sep 1999
- Indicative reading time: 1 minute

Burglars are costing small and medium sized businesses over three billion pounds a year according to ...

Burglars are costing small and medium sized businesses over three billion pounds a year according to a study commissioned by Norwich Union.
The study also revealed that approximately one SME in two has been burgled in the past five years at an average cost of over £3000 per burglary, a statistic which has led to the vast majority of SMEs being in favour of more CCTVs on streets and in business parks.
Although one SME in three would like to install CCTV on their business premises most felt that

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