There is no doubt they are impressive statistics. But how do small and medium sized businesses protect themselves from economic instability and other risks?
Many SMEs are choosing to export and reaping the rewards of economic globalisation. For most companies expanding overseas demands more travel by management or employees.
The concern is, despite global growth in international expansion by SME’s, research shows 20% of companies travelling for business do not have a specialist insurance policy to cover them while they are overseas.
For many businesses the area of international travel and insurance may be a confusing one. There seem to be many products including the term SME that relate to travel but which one is right for your business and employees?