Factories floored
The industrial sector is growing increasingly unhappy about the way its buildings, plant and liability premiums seem to keep on rising regardless of risk management measures or claims history, writes Ewan Campbell
Businesses in the industrial sector have been hammered with huge rises in their insurance costs. And not just their liability premiums - they are also paying more for cover on their buildings and plants. This has led to frustration on the part of some business people, who feel that insurers are not taking sufficient account of risk management and claims records when setting rates.
The Confederation of British Industry (CBI) tackled the Government on the subject last year, and was insistent that
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