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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: