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Benkert Group

COMMERCIAL FIRE INSURANCE CLAIM

The fire broke out on 10th November 2010, and took four days and the work of over 100 firefighters to completely put out.

Location

Alva

The Incident

The fire broke out on 10th November 2010, and took four days and the work of over 100 firefighters to completely put out, at which point the building and stock had been completely destroyed, and the plant left inoperable through smoke damage.

Our Response

While the emergency services worked on the fire, we put together a team to handle the insurance claim. We examined their recovery impact plan and helped the client mitigate their losses, looking at all the options. Our focus was on the claim quantum and getting the business running again as soon as possible, in order to protect their reputation. With this aim in mind, our experts assisted them in transferring pricing issues between the sister and Scottish company, and in speedily replacing the printing presses.

The Outcome

We secured interim payments that allowed the client to retain their entire customer base and to maintain their status as market leaders. They were able to rent printing facilities in Cumbria while transferring some of their production and UK workforce to the sister company in Germany, and subcontracting other work to a Swiss firm.

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At this point, you would hope that your insurance company is there to help but unfortunately, this is not always the case. We have known families who have felt intimidated by insurers and have been treated as though they have done something wrong, or are in some way to blame for their situation.

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