Business flooded: who should we call before water comes?

Reading time: 5 minutes

The violence of the atmospheric agents that have recently blowed cities, ports, private and public buildings in Europe worries owners of warehouses and production sites. Their main question is:“Are we insured against flood? Who pays the business interruption damages?” The graph here below is eloquent:     Torrential rains and adverse weather conditions are day by day more and more frequent. Here are some useful suggestions for production sites owners. Risk … Read more

Poland and industrial supply chain: which risks for your business?

Reading time: 6 minutes

According to preliminary estimates released by the Central Statistical Office of Poland (GUS), GDP grew 2.8% in the full year 2016. The result was below 2015’s wider 3.9% expansion. Private consumption remained robust, growing 3.6%, above 2015’s 3.2% rise. The outlook for companies and firms established in this Country remains positive for the future. However, some specific supply risks should be seriously taken in carefull consideration. One of the advatages … Read more

Winter has approached: companies at risk?

Reading time: 3 minutes

The cold season has approached: we are fine with winter inspection of our car. And what about our company? Are we sure that it is enough protected against the bad weather coming? Christmas holidays are on the way and joking with the cold is forbidden: the 2006 tragedy in Poland -not so far from Katowice, which killed dozens of people- teaches us that nature treats everyone without doing any difference. … Read more

Business abroad: how to reduce risks in 5 points.

Reading time: 3 minutes

Do we want to sleep soundly? Opening the gates of our firm to experienced consultants is an excellent strategy: what ever it happens, insurers and risk managers never leave us alone. A case really happened. In 2010 in Australia an industrial bakery was entirely destroyed by a huge fire. The insurance company refused to pay multi-million $ compensation: why? The walls’ premises had been constructed using a large quantity of highly flammable … Read more

Does insurance pay always in case of fire?

Reading time: 3 minutes

End of the year is approaching and, as usual, here it is a first summary of those many questions that our clients put us during the inspection of their firms. Companies are becoming more and more aware of the risks they face during their business activities, especially if we are abroad and the texts of the insurances are written in local language. Once again, we found considerable confusion about the difference … Read more