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Pool Re broadens SME business interruption coverage

julian-enoizi-cnaeurope

Pool Re has expanded its definition of SMEs to include firms with assets up to £5m, increasing the number eligible for its business interruption cover at no extra cost.

The definition previously only included business with assets of up to £2m

Pool Re said it hoped the change would make it easier for cedant insurers to integrate cover within their automated SME

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