BIBA Schemes & Facilities webinar - The true cost of not having equipment breakdown insurance presented by HSB

Despite how high-tech business equipment is susceptible to physical damage and unforeseen events, equipment failures are commercial realities with significant costs to businesses. We will cover typical equipment exposures and why equipment breakdown cover is commonly misunderstood but essential cover.

Learning objectives:

At the end of this webinar delegates will be able to:

• Describe how evolving technology is making business equipment more specialised
• Explain the  financial implications of equipment failure
• Provide Sector specific examples of types of equipment and associated risks
• Debunk common misconceptions of equipment breakdown insurance.

Presenters: Andy Bazley and Alan Cain

Andy is HSB’s Underwriting Strategy Manager, with responsibility for the business’s overarching strategy, product performance and innovation. With over 20 years’ underwriting experience in the engineering, construction and energy sectors, including 12 years with HSB, Andy brings a wealth of knowledge and expertise in these specialist areas.

Alan is HSB’s Breakdown and Energy Product leader, with responsibility for the implementation, underwriting strategy and performance of the business’s equipment breakdown insurance portfolio. Alan has over 40 years’ experience in engineering insurance and joined HSB in 2019.

Delegates participating in the accredited webinar can claim up to 1 CPD hour towards the CII member CPD scheme. A formal completion certificate will be issued for members attending and returning a feedback form.  

DISCLAIMER:

Our webinars are designed to give information and guidance and we aim to make them as accurate as we can at the time of presentation and recording. However, they may sometimes represent individual views and BIBA cannot guarantee, nor do they accept any responsibility or liability for, the accuracy or completeness of the content or for any loss which may arise from reliance on information contained within these presentations and recordings.