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International

One-third of SMEs prefer to buy insurance online: PwC

May 04, 2018 Reprints

A study by PricewaterhouseCoopers South Africa found that 34% of local small and medium-sized enterprises prefer to buy business insurance online, BusinessDay reported. "The survey findings uncovered a demand for digital insurance services that is not being met by the industry," said Victor Muguto, insurance leader for PwC South Africa. The study found that recently founded companies were more likely to interact with the insurance industry online.

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One-third of SMEs prefer to buy insurance online: PwC

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