Fusion Insurance Services has tied up with Global Continuity to offer disaster recovery solution for UK business insurance policies.
The product – Fusion BusinessAssist is designed for small and medium enterprises and offer clients with office space, telephone and internet connectivity, management and technical support if disaster strikes.
“Most SME’s cannot afford expensive disaster recovery and business continuity services so it is not surprising that 80% of all SME’s fail within 18 months of a major loss. We are keen to minimise our underwriting exposure to this risk and see Fusion BusinessAssist as the ideal solution”, said managing director of Fusion Nick Wright.
“We are confident that our service can reduce an underwriter’s claim ratios by as much as 70% each year”, said Global Continuity chief executive Richard Pursey.