Highlights and Challenges
As the fostered animals remain the sole responsibility of the Society there are additional responsibilities and therefore risks which needed to be considered when finding suitable insurance cover. However, following a review meeting we identified that the client had never had a broker visit. We visited the premises and carried out a risk review, which identified that the client was significantly under-insured and was operating without appropriate cover.
Although the charity was open about the level of volunteering and fundraising activities they undertook, the incumbent broker had failed to provide the client with adequate cover for volunteers, their day-to-day activities or events. One of the major risk exposures identified was the lack of Trustee Indemnity cover, and through our review process we were able to quickly pinpoint this risk and put cover in place, thus ensuring that the charity could continue to operate without risk to their individual Trustees.
How we were able to help
✓ Personal site visit by our charity team to ensure all risks were identified
✓ Advice on a risk and insurance programme to ensure that there were no gaps in cover
✓ Supported client in mitigating risk for their trustees, ensuring continuity in board membership
✓ Provided cover against safeguarding issues for volunteers