SMEs unaware of insurance perks of business continuity

Small and medium sized businesses in the UK are missing out on insurance deals available to them if they have a business continuity plan in place. This is the finding of a survey of over 500 business and IT decision-makers carried out by cloud services broker Cloud Direct, which shows over half were unaware there were insurance benefits in having a business continuity plan.

This is despite 68% saying they already had a business continuity plan in place.

Cloud Direct’s survey also suggests that almost one in every six UK businesses still don’t know what a business continuity plan is. This is despite 44% of businesses having experienced some form of business disruption – either through human error, IT failure or natural disaster.

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