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Businesses Warned Not To Neglect Business Interruption Cover |
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Businesses Warned Not To Neglect Business Interruption Cover
MIDDLESEX, UNITED KINGDOM--(Marketwire - Feb. 3, 2010) - Thousands of businesses across the UK are putting themselves at risk by not adequately preparing themselves with Business Interruption cover. This is according to commercial insurance brokers Flint Insurance who have revealed that the recession has caused many companies to omit this cover in order to save money.
According to a study from research company Mactavish, the increasing number of organisations neglecting BI cover is likely to lead to losses for many companies and insurers over the next three years. The survey, which was conducted across the manufacturing, construction, retailing and financial services sectors revealed weaknesses in areas such as supply chains, product development and low-cost outsourcing.
View More : http://www.marketwire.com/mw/release.do?id=1111296&sourceType=3
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