Hello All
Material Damage and Business Interruption Insurance
It is almost the 1st of June and the official start of winter. Unfortunately for us, offences against property are more commonly carried out under the cover of darkness and the longer nights can see an increase in this sort of activity.
They say that an ounce of prevention can be worth a pound of cure, that’s especially true when it comes to security and property protection. If you haven’t done so already, the official start of winter is a good time to start regular checks of your buildings to ensure that they are as safe as possible from targeting by thieves or vandals.
If you do not have your own checklist, we have a printable security checklist on our AIB website. For instance;
“is membership of a local neighbourhood watch scheme maintained? Do neighbours have contact phone numbers that they can call 24/7?”
Liability renewal
While it was good to get a slight decrease in premiums this year to go with last years 12% reduction, we also have seen a continuation of what has been our most regular source of claim – employment disputes.
I think that it is safe to say that neither employers or employees enjoy being in conflict, it is often time consuming, costly and damaging. Many times the conflict is avoidable and to that end central government has produced information on best practices in employment – these can be found here.
Once again, an ounce of prevention can be worth a pound of cure.
Please do not hesitate to contact me if you have any questions or comments.
Kind regards
Dave Peters, Executive Director