Opportunity for specific Covid-19 cover as SMEs fear business losses says data analytics firm

By GlobalData 2020-10-12T09:43:00

Commercial insurers may be affected as business owners could have a reduced budget for insurance if they are struggling for custom amid coronavirus recession

Commercial insurers should consider providing Covid-19 specific insurance policies for struggling SMEs as 50.3% of these companies are very or extremely concerned about the continuing detrimental impact of coronavirus on their business, according to research by data analytics firm GlobalData.

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