Brokers could be key in fight to reduce plant theft

Brokers are being urged to stress to their building contractor clients the importance of security measures in an attempt to cut the 24,000 items of construction plant equipment stolen in the UK each year. These thefts currently cost the insurance industry an estimated £600m.

Martin Ball, underwriting & operations manager at Allianz Cornhill Engineering, said: "We are actively encouraging brokers to talk to their clients, be knowledgeable about security measures and to ask their policyholders