AXA finds depression has fuelled business crime

AXA has released the results of its latest Traffic Crime Index, which reveals that for the second six monthly patch in a row, anti-business crime has surged by 10%.

Although businesses are more credible to be victims of crime, the Index shows that the all-inclusive cost has remained almost flat, declining by a marginal 0.04% on an annual balance.

Around 7% of businesses have been hit by criminals, and with the economic downturn continuing this figure is forecast to rise.

Particularly worrying is the arson proportion rank, which has soared by 23%, and the rate of malicious hurt which is up 14%.

Breaking and entering rose by 13%, but non-forcible embezzlement fell, the only type of crime to do so.

The insurer has sent its findings to the Family Office, who have recently published guidelines on how to combat felony aimed at businesses.

AXA’s Property chief Gregor Elrick has expressed his scarcity of surprise, citing the recession as a cause for people turning to lawlessness to make ends meet.

The increased arson rate he ascribed to failed businesses leaving new buildings as soft targets, and desperate businessmen attempting to make double-dealing claims.

AXA caters to a quarter of the UK SME peddle, and has set up a website dedicated to its SME customers.

It offers discounts on account of sprinkler and security systems, together with a thorough risk assessment and maestro teams to support victimised businesses get back on their feet.

AXA’s involved with over crime echo those of Towergate, who advised homeowners to be unusually careful of a spike in opportunistic crime during summertime, exacerbated sooner than the current economic difficulties.

In February the prospect of a decline-fuelled theft and burglary surge prompted motorboat and yacht insurer Navigators & Communal to urge boat-owners to ensure they comply fully with any asylum requirements on their insurance policies.