crime smes

Crime SMEs

Crime against SMEs up by 10 per cent

> Protect your firm against crime now – that’s the message from insurance firm Axa following a 10% rise in offences against small firms in the last six months. Research by Axa has revealed a marked increase in ‘recessionary’ crime against SMEs in the second half of last year, with breaking and entering rising by 13%, and malicious damage and arson up by 14% and 23% respectively. “It’s unsurprising that crime numbers are on the rise in the current economic downturn, and it’s likely that offences will continue to increase during 2009,” said Axa head of property, Gregor Elrick. “Both malicious damage and arson tend to go up in a recession as premises are left unoccupied and unprotected by failed businesses, making them easier targets for v... »