“Premiums chase Claims” – of this there is no doubt! Therefore, it is in everyone’s interest that we mitigate claims, both in their frequency and their severity.

We mentioned earlier the current clutch of Insurers apply very stringent and costly risk mitigation factors at the same time as charging eye watering premiums. We wish to balance out the costs of the risk mitigation measures in favour of our members by contributing to the costs of such requirements ourselves.

Fire safety and, at the very least, installation of smoke detection is a legal requirement now, but we would like to go further and ensure that all member properties are properly protected by the most up do date fire detection systems – with technological advances these systems are no longer obtrusive.

Water damage from leaks or burst pipes are the second most costly claims that larger properties suffer. If we can reduce the likelihood or detect a leak or burst quickly so we reduce the claims cost – a win win for you and us!

With technology advancing at break neck speed there are now some very good and easily fitted leak detection systems on the market. We will hand pick the best products available and contribute to the costs of the most appropriate type of leak detection system for your property. This is not intrusive nor time-consuming to do and you, as well as us, will know immediately there is a leak. It is worth pointing out that most leaks are gradual, rather than a sudden burst and most bursts almost always occur after a gradual leak.If, therefore, we can pick up on the gradual leaks we will greatly reduce the cost of these claims and to be able to ensure that we will continue to provide a stable and competitive premium rate for all members.