INSURANCE

Are you covered against rising claims costs?

at 8-10%, claims settlements have continued to rise and claims in excess of £5 million are now becoming increasingly common.

A

If your insurance policy has a limit of £5 million or lower, you could be liable for any shortfall, putting your personal assets at risk.

Perkins Slade can help. We have been the approved insurance brokers to the Sport and

re you covered against rising claims costs? The largest single claim for a sporting related injury was settled in 2011 for more than £13 million. Since then, with claims inflation running

Recreation Alliance for over 25 years and we also work with the Scottish, Welsh and Northern Irish Sports Associations. Perkins Slade provides insurance and risk management services to over 300 sport and recreation associations and more than 3 million individual participants.

Our experience and extensive expertise gives us access to market- leading insurance policies from specialist sport and recreation insurers.

As the approved insurance broker for REPs, we’ve negotiated policy cover that provides a £10 million limit of indemnity at the same competitive premium that you were paying for £5 million cover. This change means you benefit from improved value for money and the reassurance of knowing you have more extensive cover in the event of a claim.

For more information visit www.exerciseregister.org/members/ insurance or contact REPs on call 020 7632 2022.

Perkins Slade Ltd is authorised and regulated by the Financial Conduct Authority. Full policy details can be requested from Perkins Slade Ltd.

26 The REPs Journal 2014;30(summer):26