Over 50% of SMEs not insured

  • Smebiz
  • Monday, 15 Jul 2019

OVER 50% of small medium enterprises (SMEs) in the country are not insured and at risk of losing business due to various reasons such as fire, says AXA Affin General Insurance Bhd.

Its country head Emmanuel Nivet attributes the low insurance take-up rate to businesses’ view that insurance is not a priority as well as lack of education.

Start your ads-free experience now!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In SMEBiz

America’s top stock picker Benjamin sees beauty in chips
A helping hand for local SMEs on their halal journey
Be one of Malaysia’s Growth Champions
SMEs can now seek financing from MFA
Furniture sold online, with a twist
Small business owners receive help to thrive
Supporting the automation dream
Business survival insights from homegrown SMEs
Filling the gap for digital talents
Ultra-rich steered toward new ESG entrepreneurs

Others Also Read