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Risk Management
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Risk management is important for many reasons. The most essential being:
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Reduced Premium Cost
Reduced risks will result in fewer claims and lower claim costs. This enables us to maintain competitive insurance premiums on behalf of our motor trade and garage customers.
Business Interruption
Major damage or loss to your property may be catastrophic to your motor trade or garage business, and at the very least cause considerable inconvenience.
Statutory Obligations
There will be various forms of legislation applying to your business activities.
Moral Duty
As a business you have a moral duty to the well-being of your employees and members of the public.
We provide expert and in-depth risk management advice, which will help avoid losses occurring. We do not intend to preach how your motor trade business should be run, nor interfere with its day-to-day operations. However, a reduction in the risk of interruption to your company’s operations will ensure business continuity, safeguard your statutory duties and moral obligations to your employees, and ultimately achieve insurance premium savings.
Where necessary we will provide an insurance risk survey over-view at your premises. This service is often provided without charge.
Measures reviewed include:
Fire Prevention |
Vehicle Incident Reduction |
Burglary Precautions |
Employee & Public Safety |
Water Penetration |
Business Continuity & Disaster Recovery Planning |
In addition, information is available to clients, which includes changes in legislation that may affect health & safety issues. Publications are supplied where possible, identifying insurance risk exposure, including health & safety and property protection checklists and summaries. |
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