Not For Profit: The key to managing risk

Faced with reduced funding and increasing demand for their services, many charitable organisations are struggling to meet rising insurance costs, writes Ruth Wildgust.

29th September, 2012
Amanda Harton, director of the Charities Division in JLT Ireland.

Faced with reduced funding and increasing demand for their services, many charitable organisations are struggling to meet rising insurance costs.

"In recessionary times, there is a rise in insurance claims resulting from employment disputes, injuries and burglaries," said Amanda Harton, director of the Charities Division in JLT Ireland.

"The knock-on effect is an increase in insurance premiums. Taken in conjunction with reduced funding for the charitable sector, this poses a major headache for organisations," she...

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