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Many SMEs unprepared for a claim

At a glance

  • We've partnered with Insurance Business to bring you a series of 12 SME articles
  • Even the smallest business should have a recovery plan and an immediate strategy for what to do if a claim should occur
  • In this article we discuss how claims can be prepared for in advance

“A great deal of SMEs do not think they will ever be faced with a claim”, Neil Fraser, claims proposition manager at Zurich, told Insurance Business, and as a result do not know what to do when the worst happens.

Large property claims such as fires and floods can take businesses out of action – often leaving small businesses completely blindsided.

“You don’t expect your shop or your office space to go up in flames, or to have a flood as a result of escape of water which means you can’t operate,” commented Neil.

Click here to read the full article on Insurance Business.

You can find out more about our SME products and services in our interactive guide, or for more information, speak to your local Zurich contact.

Originally created and published by Insurance Business 16 August 2017. All rights reserved.
Image © Getty

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