Burglars are costing small and medium sized enterprises (SMEs) more than £3 billion a year, according to Norwich Union.
Independent research commissioned by the insurer shows nearly one SME in two has been burgled in the last five years at an average cost of £3,000 per break in – a figure which includes the costs of business disruption.
The findings were revealed to co-incide with the launch of a new guide from the Norwich to encourage small business people to become more security conscious.
Called "Taking Security Seriously" it aims to cut the number of claims arising from crime. The guide is available through brokers or direct from Norwich Union.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
