UK charities experiencing continued public liability concerns

Charities in the UK are experiencing continued public liability concerns in spite of continuing pressure on funding, caused by reduced donations and much publicised grant cuts, says one commercial insurance survey.

Public liability insurance specialists Ecclesiastical recently discovered that more one out of every three charities were in need of risk management advice in order to aid in reducing professional indemnity risks.  Among smaller charities this figure was even higher, with 43 per cent expressing their their desire for help, said Ecclesiastical.

One key factor in this, the insurance specialists found, was the management of risks created through the use of volunteers.  More than a third of charities were discovered to have taken some action in this particular area, while managing any potential damage to their reputations was also found to be high on the agenda for charity managers.

FWD, an independent research company, conducted the survey of 190 charities in the UK on behalf of Ecclesiastical.  The information was gathered from October to November of last year, said the insurer.

In response to the survey findings, Ecclesiastical decided to make a practical guide available for charities via their website.  The guide delineates how charities can reduce their liability risks in the current economic landscape and is provided free of charge.

Director of underwriting for Ecclesiastical, Paul Bloxham, commented on the findings of the study by saying that the charitable sector has been battening down the hatches as of late due to a perception of going through some relatively unsafe waters.  Mr Bloxham added that charities are becoming increasingly sensitive to the price of their insurance cover and have expressed an interest in securing policies online as a cost-cutting strategy.

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