A feature of
our winters now seems to be heavy rain rather than extreme
temperatures. In addition, this summer we saw dramatic flooding
around the country.
The media tends
to concentrate on the impact of flooding on housing but flooding of
business premises can be just as costly – especially as a number of
modern business parks are built on flood plains. Business disasters
attract far less political and public sympathy and indeed whilst
insurers feel they have a current duty to offer flood insurance to
all households they are likely to be selective in providing cover on
commercial property.
There are a
number of locations in the UK where cover is difficult to obtain or
is highly priced. Maps of high-risk areas are available on the
Environment Agency website
www.environment-agency.gov.uk/subjects/flood
and businesses can subscribe to a flood alert system by calling 0845
0988 11 88. However, even if your premises are not in a flood prone
area, it can still be hit by flooding caused by a sudden downpour
which drains may not cope with.
It would be
foolish for those at risk not to have a business continuity plan.
This is often called a Disaster Recovery Plan. It should cover all
the normal items regarding contacts, employee evacuation, shutdown
procedures, dealing with hazardous materials, protection and
security of assets, salvage procedures and details of specialist
drying contractors. Alternative working options should also be
investigated in case of a prolonged shutdown.
There are a
number of ways a business can minimise the impact of flood in
advance. Some of these cost nothing and others are expensive and
will depend upon the degree of risk of flooding occurring.
If the worst
happens and a flood occurs your broker should be available
immediately to help in dealing with the aftermath and any insurance
claim.
Good practices
- Consider the height at which goods are stored; the higher the goods
the less chance of damage
- Look carefully at equipment stored at or below ground level.
Certainly electrical equipment should be kept at as high a level as
possible, perhaps on platforms
- Identify a suitable site for evacuation of vehicles to higher ground
- Install back flow valves on all toilets and drains
- Raise electrical sockets above potential flood levels
- Store stock on pallets or shelving
- Raise cabling, or position in suspended ceilings above ground level
- Purchase an emergency power generator
- Look at the range of permanent or semi permanent flood protection
products available.
If the worse
happens and a flood occurs then you need to consider the following:
- Ensure it is safe to enter your property. There may be structural
damage
- Be very careful of downed power lines. These could make the building
an electrocution chamber
- Do not enter the building until you are sure all mains electrical
supplies are disconnected and gas is turned off
- Be careful of slippery surfaces and get the drinking water tested as
it could be contaminated
- Watch out for debris as it could be polluted by sewage
- During clean up, wash your hands thoroughly and often
- Keep staff and public away until all health and safety checks have
been cleared.
We have written
a guidance paper for businesses who wish to create a Disaster
Recovery Plan. Contact us on the details below and we will be
pleased to share it with you.
For further information please contact the PoundGates team
e-Mail: info@poundgates.com or
01473 216406
Authorised and regulated by the Financial Services Authority |