The health and safety of your residents should be your top priority, so it is important that your facility is proactive in ensuring that proper fire safety precautions are in place. Without a sufficient fire safety programme, you are exposing your organisation to huge losses and legal actions that could potentially bankrupt your business. Creating a Fire Safety Programme There are two key measures a care home can take to establish a fire safety programme: installing a sprinkler system and establishing a fire safety programme. Sprinklers are essential because many residents cannot move … [Read more...]
Rights to Light
Developing a commercial building can take a lot of planning. You and your fellow developers, investors and consultants must scrutinise every step of the planning and building process. No matter how experienced the members of your team are, they are not infallible. Certain things can slip through the cracks. One small oversight like failing to consider neighbouring buildings’ ‘rights to light’ could cost your company millions of pounds. Constructing a building that infringes on neighbouring properties’ rights to light—that is, it obstructs their sunlight—can lead to large out-of-court … [Read more...]
Supply Chain Risk Management
While lean production has become a cornerstone of successful supply chain management and a way for businesses to stay flexible and responsive to changing tastes in their markets, the dependence on and relationship with suppliers resulting from outsourcing and minimising stock creates a host of exposures. Successfully navigating and managing the risks presented by a complicated supply chain that spans across regional, national and especially international territory is a complicated endeavour considering the countless precarious factors that can cause disruptions or liability issues across … [Read more...]
Q&A Session for Momentum
We did a Q&A session with our principal Momentum. See below our answers. With more than 150 years’ combined experience in insurance and risk management, Sentio Insurance Brokers is made up of professionals who have held senior roles in major global brokers. Founded by Richard Waltier and Caroline Fairclough, the business now has offices in Birmingham, Worcestershire, and Dudley. Name: Richard Waltier Title: Director of Sentio Insurance Brokers What attracted you to becoming an insurance broker?Firstly, it was a natural progression for me because for the past 30 … [Read more...]
Bespoke Risk & Insurance Programmes aligned to your business
We understand the risk environment you operate within and appreciate some businesses can appear to have increased risk than others. This can be as a result of internal or external risk exposures and we work closely with our clients to identify these, analyse their potential impact then mitigate them through effective risk management or transfer into the Insurance Market. What issues might your business face?These will be numerous, below is a snapshot of some of the issues a business like yours may face. Standard Terms of Business (Sale and Purchase)Is ''standard terms'' been repeated on … [Read more...]
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