The relationship between SMEs and insurance providers in Nelson Mandela Metropolitan area, South Africa

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dc.citation.doi10.5901/mjss.2014.v5n14p84en_ZA
dc.citation.epage96en_ZA
dc.citation.issue14en_ZA
dc.citation.spage84en_ZA
dc.contributor.authorChodokufa, K
dc.contributor.authorChiliya, N
dc.date.accessioned2018-07-24T12:22:22Z
dc.date.available2018-07-24T12:22:22Z
dc.date.issued2014
dc.description.abstractMedia reports on the effects of climate change on Small Medium Enterprises (SMEs) in South Africa has increased over the past decade. The amount of loss in terms of assets and infrastructure suffered by SMEs is disturbing. Yet insurance providers are not eager to insure SMEs and prefer to deal larger organisations. An empirical study of 203 SMEs was done, structured questionnaires were administered to SME owners. Data was analysed and the results illustrated factors such as the reliability of an insurer, staff knowledge and brand name of the insurer have a great impact on the decision made by SMEs to build a relationship with insurance providers. The respondents, who had been approached by an insurance broker and received training, had a business relationship with an insurance provider. This helps to reach the conclusion that any form of interaction between SMEs and insurance providers helps to facilitate a business relationshipen_ZA
dc.description.librarianKIM2018en_ZA
dc.identifier.citationChodokufa, K., & Chiliya, N. (2014). The Relationship Between SMEs and Insurance providers in Nelson Mandela Metropolitan Area, South Africa. Mediterranean Journal of Social Sciences, 5(14), 84-96en_ZA
dc.identifier.issn2039-2117
dc.identifier.urihttps://hdl.handle.net/10539/25172
dc.journal.titleMediterranean Journal of Social Sciencesen_ZA
dc.journal.volumeVol 5en_ZA
dc.language.isoenen_ZA
dc.rightsCopyright © MCSER-Mediterranean Center of Social and Educational Researchen_ZA
dc.subjectSMEsen_ZA
dc.subjectInsurance and Business Relationshipen_ZA
dc.titleThe relationship between SMEs and insurance providers in Nelson Mandela Metropolitan area, South Africaen_ZA
dc.typeArticleen_ZA
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