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It’s important to insure your business, even when you’re not there

Marks Case Studies Image I

Our client – an engineering and toolmaking company in Staffordshire – suffered extensive fire damage to their building one evening, caused by the failure of a cooling pump on a spark erosion machine. The equipment was left working overnight, unattended as normal.

Thankfully, cover for both business equipment and loss of profit had been successfully arranged by our team at Marks Insurance and, vitally, this included cover for overnight working of unattended machinery. This is key piece of cover often overlooked by standard policies.

We were pleased to be able to successfully negotiate a settlement of over £1 million with Aviva on behalf of our client. Definitely a case where every clause counts.

Skills

Posted on

January 7, 2021