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SMEs Three Times as Positive About Olympics One Year On

LONDON, UNITED KINGDOM — (Marketwired) — 07/26/13 — Backing up consumer research released today(1) that shows the UK public are positive about the Olympics a year on, AXA Business Insurance research reveals small businesses are also upbeat about the Olympic effect.Ahead of the Olympics in 2012, AXA polled small businesses about their view of the games. Just 10 per cent said they felt the event would be positive for their business. When polled again a year later, 15 per cent felt the games ha

Scottish SMEs Divided on Independence

LONDON, UNITED KINGDOM — (Marketwired) — 07/01/13 — Research from AXA Business Insurance reveals that just over half of SMEs in Scotland are in favour of independence, in contrast to those across the rest of the UK who are less enthusiastic.The study, which questioned around 500 SMEs across the UK, revealed that one in four (25 per cent) of all those questioned believe that independence would be a good thing for small businesses in Scotland, while 45 per cent believe it would not. The remain

Van Owners Running Corporate Manslaughter Risk

LONDON, UNITED KINGDOM — (Marketwired) — 06/28/13 — Five years on from the introduction of the Corporate Manslaughter and Corporate Homicide Act, AXA Business Insurance warns that many businesses with company vans are not following the most basic of steps to protect themselves against potential prosecution in the event of an accident.Estimates suggest that a third of all traffic accidents in the UK involve someone who is at work at the time and may account for over 20 fatalities a week.(1) Y

UK SMEs Suggest the Future-s Looking Brighter

LONDON, UNITED KINGDOM — (Marketwired) — 06/26/13 — AXA Business Insurance-s annual "Optimism Index" shows that 37 per cent of UK SMEs are more optimistic about their business than a year ago. Eight out of ten (81 per cent) are currently upbeat about the general state of their business and the majority are expecting growth over the coming year.The index, compiled by AXA, one of the largest business insurers in the UK, reveals that this time last year 35per cent of SMEs were optimis

SMEs Unaware of Initiatives to Support Them

LONDON, UNITED KINGDOM — (Marketwired) — 06/05/13 — A study by across more than 500 SMEs and micro SMEs in the UK suggests that many are unaware of the initiatives in place designed to help them.The research, carried out shortly after the March 2013 budget, revealed that a quarter of small business owners were unaware of the reduction in the rate of corporation tax and of those that said they were, only 13% could state the correct rate.Meanwhile, nearly half of all business owners were unaw

Deafness Claims Against British Businesses Rapidly Rise to GBP 26m in 2012

LONDON, UNITED KINGDOM — (Marketwired) — 05/07/13 — In the last few years the number of deafness claims made on commercial insurance policies has been rocketing. reports a rise of 162% from 2009-2012 with British businesses ultimately having to foot the bill.In 2012 alone, AXA saw a year on year rise of 75% in the number of deafness claims and had more claims for deafness than any other type of workplace injury or illness. The company attributes the rise as a primary reason for an overall i

British Businesses Running Risks With Exaggerated and Fraudulent Insurance Claims

LONDON, UNITED KINGDOM — (Marketwire) — 03/22/13 — A study(1) by AXA Business Insurance among small business owners reveals that insurance fraud is a real issue with one in three admitting they have inflated, or would inflate a claim while one in ten would bend the truth when applying for a policy.Research carried out by the company among hundreds of small British businesses suggests that, while the majority of businesses are honest, the numbers exaggerating, or even fabricating, claims coul

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