Notice from Gerry Monks
Please copy and refer to your local politicos!
Shop Insurance – Tips to help fight against Premium Increases
12th February 2019
Insurance in Ireland is Broken and your help is needed to fix it
Many of you will have heard me speak of my support for the Alliance for Insurance Reform and I want to applaud and thank them for achieving the amendment to Section 8 of the Civil Liability Act 2004 where reporting of personal injury accidents have now been reduced to 1 month. This in itself is of significant benefit to our efforts to provide a defence and I can confirm having already benefited by the change.
Yet this is only one of the Alliance’s 10 Asks. It is my view that Government have been presented, not just with the problems, but with the solutions as well. Government simply have to deal with the other solutions which will otherwise see many more business closures and job losses simply due to inability to pay for or even get insurance.
The Alliance is backed by many groups and organisations many of which you are members of. Please be vocal with your local politicians. This issue has to be tackled without further unreasonable delay.
Gerry Monks
Account Director
JDM Insurance Services Ltd
01 2988266
087 2830560
gerry@jdminsurance.ie Copyright © 2019 JDM Insurance Services Ltd, All rights reserved.
Information provided by your insurance advisor
Shop Insurance – Tips to help fight against Premium Increases
15th January 2019
Wash/Clean Floors – NEVER during opening hours
Floors should never be washed while your shop is open for business. This should only ever be done after the shop has closed. If this prevents staff from leaving work at their designated time then, if necessary close earlier to accommodate this.
If a spillage occurs during opening hours, a staff member should stand over it guiding customers as well as any other staff away from the resultant hazard. They should summon another staff member to get mop, cloth, paper towel or whatever will dry/clean the hazard. Putting out a yellow warning sign does not remove the hazard.
As you know I keep returning to this specific subject. I will continue to do so as long as it continues to be the most frequent and costly cause which contribute to the horrendous premium increases experienced by retailers.
Solutions to premium cost increases have been brought to Government by the Alliance for Insurance Reform but until they choose to take action we must all increase our efforts to prevent the cause and/or opportunities for claimants to obtain compensation which far exceed our European neighbours’ levels.
Gerry Monks
Account Director
JDM Insurance Services Ltd
01 2988266
087 2830560
gerry@jdminsurance.ie Copyright © 2019 JDM Insurance Services Ltd, All rights reserved.
Information provided by your insurance advisor
Our mailing address is:
JDM Insurance Services Ltd
Windy Arbour, Dublin 14 D14 C1H5
Happy New year to all who visit this site and check out prices etc
have a great year and may the future be full of pleasant surprises
Admin
31st October 2018
Slips & Trips – Remove Fire Hazards
Please make sure that no waste is left outside your premises that can be used for illegal bonfires.
Thank you.
Gerry Monks
Account Director
JDM Insurance Services Ltd
01 2988266
087 2830560
Shop Insurance – Tips to help fight against Premium Increases
15th August 2018
Retain CCTV Footage – The Camera Doesn’t Lie!
In such cases where CCTV footage of an incident has not been retained, the chance of defending an alleged incident is seriously damaged. I will also say that when I ask why a copy of the footage was not made and retained I am told, “there was nothing wrong with him/her” or “nothing really happened.”
It must also be said that the absence of CCTV Footage of an incident is used by the claimants legal representatives to allege that it was deliberately not retained as it would have been detrimental to the retailers defence and in the event that it does go to court it can very easily prove to be the factor that sways a judge into finding in favour of the claimant.
Take a copy of every/any incident that could give rise to a claim. Whilst Data Protection Legislation only permits retention of footage for up to 28 days they do allow it where it is justified. It is very simple to justify the fact that a potential claimant is allowed, in accordance with the Statute of Limitations to bring a claim for anything up to 2 years following the incident.
There are regulations relating to the use of CCTV. For example you must post prominent notices, (for example at all entry points), notifying persons of your use of CCTV giving the Name of the Controller and their Contact Details. See example below:
Above all else, please remember to contact me to discuss every/any incident. We will discuss the most appropriate action that is in your own best interests.
Thank you to my friend and associate Stephen Glennon for his advice on this matter.
Gerry Monks
Account Director
JDM Insurance Services Ltd
01 2988266
087 2830560
gerry@jdminsurance.ie
Copyright © 2018 JDM Insurance Services Ltd, All rights reserved.
Information provided by your insurance advisor
Our mailing address is:
JDM Insurance Services Ltd
Windy Arbour, Dublin 14 D14 C1H5
https://venturebeat.com/2017/11/27/shell-partners-with-carmakers-to-bring-ultra-fast-electric-car-chargers-to-european-highways/
The Royal Dutch Shell company has announced it will open up to 10,000 new service stations in the major growth countries of India China etc etc see link to article below
https://www.thetimes.co.uk/article/shell-to-fuel-profits-growth-with-10-000-petrol-stations-xxr0b5wjk
For those who watch the global shenanigans of OPEC and the rest of the producer cartel you are no doubt aware that production cuts have been orchestrated over a period of months to drive up the international price of crude.
Leaders in this were Saudi Arabia . Notably, assisted by the USA in the campaign against the Yemen with multi billions of armaments and ordnance.
Poorer countries always suffer greater hardship when the international price of oil is driven upwards but the effect on western economies is also negative with transport costs rising rapidly and energy costs increased a period of unrest and instability will follow.
This is known, yet the agreement among the cartel of producers still create world slow down with out a thought for the social effect of their profit taking(greed!) .
Capitalism would accept that the market can be pushed to pay what it can be forced to pay. Socialism, would strive to maintain a level of cost equitable with the actual cost of production . Communism would determine what you will pay irrespective and do without if you can’t afford (very similar to Capitalism) .
The reality is that the profits from oil are invested in western economies in stable investments (usually) such as property. The real sting here is that a slow down in western economies results in lower latent value in property and lower resultant investment yield.
Short term gain..long term loss over all.
Interim damage is usually huge however, higher oil prices have the affect of initiating research into alternative energy sources for the future and development of many methods of generating energy from diverse sources. When this is successful, as it has been over time the crude oil price starts to falter as diminishing returns kicks in on the cartel.
This Yo Yo effect is now on its way and there will be extraordinary outcomes and difficulties in some quarters.
