SMEs look to go direct

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A third of UK SMEs would rather buy business insurance direct, rather than via a broker. According to a new survey by QBE, only 16% of UK SMEs will look to the insurance industry for advice in the first six months of 2010.

It found that price was the priority for SMEs across the UK, except in the Midlands and Wales where the financial security of the insurer was their main concern. One in 10 were uncertain of the

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