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Returning to university for a final year and examinations, each student will have undertaken a comprehensive training programme at one of the world’s leading equipment manufacturing businesses – putting them in the perfect position to start a career in the industry.
“As the construction industry continues to grow, demand for higher-level skills is increasing rapidly,” commented Paul Macpherson, Sales and Marketing Director at the Terex Construction Coventry facility. “In fact, according to the latest research insight from the Confederation of British Industry (CBI), 55% of companies fear they will not be able to access enough workers with the required skills in the next few years, while 33% mention that they are already investing significant finances in training new recruits lacking basic practical experience.
“As such, nurturing the talent of tomorrow is becoming a key priority for the equipment sector, which makes providing practical placement opportunities for school leavers and university students absolutely vital.
“Our internship programme with Harper Adams University not only provides in-depth training for students studying the latest vehicle design courses, but also encourages graduates to consider a career in the construction sector following their studies.
“Since launching the scheme in 2013, we’ve helped several students to gain valuable experience in equipment production. As well as inspiring the next generation, this has also enabled us to identify talented individuals at an early stage. We’ve recently taken on one of the programme’s very first students as a full time team member, which truly demonstrates the benefits of this academic partnership.”
Drainage Contractors advised to be extra vigilant after a series of vehicle thefts leave them out of pocket! - Cally McBride, First Insurance Solutions Ltd
It has been reported to the NADC that in the last 6 months, two entire drainage vans have been stolen and at least another two break in’s resulting in kit being stolen.
There is plenty of advice out there assisting in securing your vehicles properly and even ways to mark the kit kept in the vans. But unfortunately this is not always enough to prevent the break-ins from happening.
As a drainage contractor, the equipment used is an integral part of the business. This means that an unexpected loss could have a huge impact on the day to day running of the business. It is essential that you have the correct insurance cover in place to limit the effect that this could have on your business.
Sometimes, purchasing a basic tools policy or own plant policy is not adequate and could potentially leave you exposed. Tools policies tend to have extensive and complicated wordings and many will exclude cover for electronic/recording equipment. It is likely that, along with general tools of trade, you will be carrying CCTV drain surveying equipment on a daily basis. This is likely to fall under the exclusion of electronic/recording equipment that many policies have within their wordings. It is essential that the insurance company/broker you are dealing with is aware of the range of tools and equipment that is carried in order for the cover you apply to be correct.
Many contractors keep their tools in the vehicles overnight, especially if they are working away and operating a 24hr callout or staying overnight. It
may not always be viable to empty the vehicle and store all equipment inside. Many tools policies exclude theft from unattended vehicles, including overnight – this will often be from 8pm to 6am and it would be up to you to prove that any loss happened outside of these times. However, there are specialist policies available to cover the equipment in unattended vehicles – including the protection required whilst in the vehicle overnight – including outside employees home addresses, motorway services car-parks and hotel car-parks (anywhere in the UK).
What about if the entire vehicle is stolen? Most people will presume that the vehicle will be replaced as it was? If you have ensured that you have the correct Insurance cover in place than you may be in luck. However, have you advised your vehicle Insurance Company that you had a £12,000 Jetter fitted into the back of the vehicle that has also been stolen with the van? If not, it is likely that you will receive payment for the market value of the vehicle only and it will be down to you to replace the Jetter at your own cost – some insurers may use this non-disclosure to try and wriggle out of paying the claim altogether.
There are Insurance policies out there that will protect your business from these situations; you just need to make sure that you have them!
As a specialist Insurance broker and a member of the NADC, First Insurance Solutions work closely to understand your trade and the equipment you carry in order to recommend a policy that is going to protect your business.
follow us on twitter @draintrader | September 2015 | drain TRADER 71
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