Business News Don’t take risks with insurance


Akim Kamangira: Property risks


Landlords and their managing agents are putting commercial property investments at risk by failing to insure them fully, according to a leading building surveyor. According to Akim Kamangira,


head of building consultancy at Birmingham independent commercial property agency KWB, the insurance industry estimates that up to 80 per cent of commercial properties are under- insured by between 20 per cent and 45 per cent. This reduces pay-outs for


damage because the wrong valuation figure was submitted to the insurance company when the policy was bought. Mr Kamangira said: “With


company administrations and insolvencies rising, especially in the retail and leisure sectors, and indications that a no deal Brexit would push more tenants across more sectors to the brink, there is


Student’s star turn in Call The Midwife


Former Queen Alexandra College performing arts student Poppy Barrett has appeared in the final episode of BBC period drama ‘Call the Midwife’. Poppy, who studied BTEC


Performing Arts at the specialist college between 2014 and 2017, starred as Jane, the girlfriend of Reggie, during the final scenes beneath the mirrorball at Shelagh’s charity dance, as series eight came to an emotional end. Queen Alexandra College is a


national specialist residential college and charity for people with disabilities. The Harborne-based college provides education, training and routes to independent living and employment. Principal and chief executive Bev


Jessop said: “We are delighted for Poppy on her amazing achievement. We all eagerly tuned into the episode and we weren’t disappointed.”


Poppy Barrett: Screen star


Kids splash out for hospital charity


Birmingham Children’s Hospital Charity has been chosen as the official charity partner for Mud Kids’ inaugural event in the West Midlands. Taking place at Umberslade Farm Park, just


outside Birmingham, on 18 and 19 May, Mud Kids is a 3km course of obstacles, fun and mud. Entrants will tackle climbing walls, crawling stations, slides and hay bales, all while slushing through mud. The event is open to children aged four and


above, plus parents and guardians. Places cost between £16.58 and £21.91.


Serena Daw, public fundraising manager at Birmingham Children’s Hospital Charity, said: Mud Kids is truly a unique event and great opportunity to do something different with the whole family, while raising money for our patients. “Best of all, the kids get to do what they love doing most – run around, have fun and get muddy!”


To find out more about Mud Kids or to sign up to the Birmingham event, visit bch.org.uk/mud-kids or mudkids.co.uk or call 0121 333 8506.


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an increasing risk of damage as occupiers neglect or simply abandon commercial properties, leaving them open to risk of fire, vandalism or other damage. “When buildings are under


insured, insurance companies will only pay out on a pro-rata basis. This means if they are under- insured by 45 per cent, then any claim will be reduced by the same amount. “This will leave landlords


struggling to make up the shortfall to repair or rebuild a devalued asset.” Mr Kamangira said the reason so


many landlords and owner/occupiers get insurance cover wrong is that insurance companies require an accurate rebuild cost, which has nothing to do with the freehold value of the premises.


• More property news on pages 80 and 81


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