Benchmarking To Help Cut Charity Insurance Costs

Sunday, 01 February 2004
By Now&ZYen

Original Joomla Article

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The devoted reader of Now & Z/Yen (hello Mum) might recall our study of Insurance in the Not-For-Profit Sector (Now & Z/Yen, March 2003). That study highlighted lack of information about insurance pricing as a key issue, a finding reinforced by the Home Office Insurance Cover Working Group recently. Never ones to shirk a challenge, we are teaming up with Charity Logistics to develop an insurance renewal benchmark, an online tool which will allow charities to immediately benchmark their insurance costs against their peers. Charities and insurance companies alike should benefit from the increased availability of information, which should also support moves to more collaborative risk and insurance management throughout the sector. Potential participants contact Mary O’Callaghan for more details.