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.

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