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15 October, 2012
In this issue:
| 1. | Ensure infrastructure investments are adequately protected | | 2. | Don't delay planned maintenance |
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Ensure infrastructure investments are adequately protected
Making a large infrastructure investment, such as installing new quay cranes, is far more complex than simply gathering the budget and agreeing specifications.
It is important to think through all possible eventualities that flow from the investment and ensure that you understand the consequences and have the appropriate contractual and insurance solutions in place.
Read full article here.
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Don't delay planned maintenance
A plea to keep up planned maintenance - our experience is that cutting it almost certainly to cost more in the long run and compromises safety.
TT Club analysis evidences that claims related to maintenance issues cost the industry hundreds of millions of dollars.
Read full article here.
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TT Talk articles you may have missed... Click on a heading to read the full article |
We hope that you will have found the above interesting. If you would like further information, or have any comments, please email us, or take this opportunity to forward to any colleagues who you may feel would be interested.
We look forward to hearing from you.
Peregrine Storrs-Fox
Risk Management Director, TT Club
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The materials contained in TT Talk have been prepared for information purposes only, and are not a substitute for legal advice. Whilst every care has been taken to ensure the accuracy of the materials, the editor, any contributor or the TT Club accept no responsibility for loss or damage which may arise from reliance on information contained in TT Talk. In the United States TT Club Mutual Insurance Ltd. is approved as a surplus lines insurer in most states and is accessible through properly licensed surplus lines brokers.
For Company Registration Information please click here. |
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