Business fraud market to increase nearly 20% by 2025
Allianz Trade claims the current business fraud market GWP in the UK is around €280m (£244m), and it is expected to increase to €330m by 2025.
According to a PWC report, £2.5bn was lost by UK residents and businesses due to fraud and crime in 2021, with 62,976 reports made by British businesses.
It also claims 50% of UK businesses have been
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