{"id":2302,"date":"2016-10-05T19:54:40","date_gmt":"2016-10-05T19:54:40","guid":{"rendered":"http:\/\/www.openbusinesscouncil.org\/?p=2302"},"modified":"2020-02-27T09:31:59","modified_gmt":"2020-02-27T09:31:59","slug":"third-uk-smes-cold-uninsured-biggest-threats-businesses","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/third-uk-smes-cold-uninsured-biggest-threats-businesses\/","title":{"rendered":"A third of UK SMEs cold be uninsured for the biggest threats to their businesses"},"content":{"rendered":"
<\/a><\/p>\n A new survey conducted by business insurance provider SME Insurance (SMEi) today reveals that 34% of UK small and medium sized businesses (SMEs) polled could be uninsured for the biggest risks they face.<\/p>\n Of those firms that have insufficient insurance cover, 34% chose cyber-attacks from a list of major risks as the biggest threat to their business, according to the research*. Public liability is ranked in second place by 28% of SMEs, followed by crime, such as break-ins, at 19%.<\/p>\n When it comes to cyber-crime, 30% of respondents state they would be most vulnerable to computer viruses, while 22% claim data theft is the sole digital threat. According to 15% of respondents, a lack of security awareness amongst its employees may be leaving their business vulnerable online.<\/p>\n Following widespread flooding across the UK last winter, 44% of SMEs questioned believe the UK government and the Environment Agency could do more to protect small businesses from flooding, with 22% stating that national flood defences could be improved.<\/p>\n Jonathan Webber, Commercial Director for SME Insurance commented: \u201cThis survey highlights an apparent lack of insurance protection among SMEs for threats that could be potentially catastrophic to their businesses, which unfortunately puts them in a vulnerable position. Identifying and securing the insurance protection they need should be their top business priority.\u201d<\/p><\/blockquote>\n SME Insurance provides a breadth of specialist commercial insurance products specifically designed to meet the needs of small and medium sized businesses operating in a wide range of sectors. For further information, visit www.smeinsurance.com<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A new survey conducted by business insurance provider SME Insurance (SMEi) today reveals that 34% of UK small and medium sized businesses (SMEs) polled could be uninsured for the biggest risks they face. Of those firms that have insufficient insurance cover, 34% chose cyber-attacks from a list of major risks as the biggest threat to […]<\/p>\n","protected":false},"author":7,"featured_media":2304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25,1],"tags":[],"acf":[],"yoast_head":"\n