Barbon-owned Farr launches risk management tool for housing associations
Farr Insurance has launched Focus, a new service designed to stress test risk management procedures for housing associations, with a view to protecting them from rising insurance costs.
Business risk analyst at Farr, Matthew Greenhalgh, explained: "Insurance premiums are currently at their lowest levels for over a decade, however, some insurers are predicting increases of up to 20% in the near future.
"Housing associations with a history of making claims are likely to see the highest rise in their premiums, so Focus has been developed to help clients to reduce both the number and the value of the claims that they make."
Activities
The Focus stress test comprises three separate
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