Fraud costs UK economy £193 billion a year – that’s more than £6,000 lost per second every day.
That’s also up by almost £150 billion in 2013.
That’s big money if your business becomes a victim of this crime.
Businesses seem to be hit worst with both SMEs and large enterprises losing an estimated total of £144 billion a year, according to research.
As businesses get hit the added costs inevitably find their way to the customer and that’s bad for business.
The staggering cost of fraud is already taking its toll on the pocket of the individual - an average of more than £3,900 per adult in the UK with losses taking place at a rate of £6,000 per second.
While businesses are doing everything they can to protect themselves against fraud including watertight systems, good auditing and a sound knowledge of changes to their industry, the figures seem to suggest that all businesses are vulnerable.
Insurance can help protect your business and provide a vital financial safety net when fraud strikes.
Our advisers can talk to you about getting the right package that fits the individual needs of your business. That gives you peace of mind and lets you get on with running your business without looking over your shoulder for fraud.< BACK
Gravity provided us with sound advice from the outset and have put together an insurance package that protects all aspects of our business activities. The team at Gravity are always responsive whenever we have a query and we wouldn’t hesitate to recommend them for your insurance requirements
I have built a strong business relationship with Dale and his team at Gravity Risk Services. He is always willing to advise my clients on insurance matters, and I look forward to working with him for many years to come.
I have worked with Dale over a number of years as an Insurance Broker. I have always found Dale to be forward thinking for the needs of the client and focused on the cost .v. benefit of any given policy as well as aspects over all. Dale had an excellent approach in his work and took time to explain details in an appropriate way. I would recommend Dale without hesitation and would trust he would provide an excellent, professional support to any business.
If I have any enquiries relating to commercial insurance, Dale is the first person I turn to. He is a fountain of knowledge, very professional and great company. I would always be happy to recommend him to friends and clients alike