SMEs start to take a far broader view
Small and medium sized enterprises appear to have realised the benefit of stable insurance premiums with many deciding against always choosing the cheapest option available however they still don't expect their premiums to go up every year, as Insurance Age reports
Most small and medium sized enterprises (SMEs) have woken up to the benefit of stable insurance premiums according to the latest research commissioned by Norwich Union (NU).
The tracking survey, conducted by Holden Pearmain, shows nearly 70% of businesses (68%) claiming not to always buy the cheapest insurance available, and only 19% buying on price alone.
More than half the SMEs questioned don't expect their premiums to go up every year - again highlighting the importance of premium stability to
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk