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Ian Hesselden

Insurance: More than a Piece of Paper. Ian Hesselden. Doodson Broking Group. Established 1964 100 staff. Baltimore. Halifax. MANCHESTER. Los Angeles. London. Dallas. Austin. Doodson: Some of our Clients. In Sport, Leisure & Entertainment. Doodson Sport: Who we work with.

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Ian Hesselden

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  1. Insurance: More than a Piece of Paper Ian Hesselden

  2. Doodson Broking Group • Established 1964 • 100 staff Baltimore Halifax MANCHESTER Los Angeles London Dallas Austin

  3. Doodson: Some of our Clients • In Sport, Leisure & Entertainment

  4. Doodson Sport: Who we work with • Amateur and professional • Stakeholders • Governing bodies • Associations • Clubs & teams • Centres • Members & participants • Coaches & professionals • Manufacturers • Suppliers

  5. Managing the risk • Perception, Hazard, Ignorance • Our job is to; • Help clients work out what is dangerous to them • Articulate to insurers what is reality rather than perception • Help manage the danger • Insure where there is real exposure • You are wanted by insurers!

  6. The Partnership Unique Risk

  7. Key Exposures: Third Parties • Employees & Volunteers • Participants • The Public • Sale of Products • Travel and Medical

  8. Key Exposures: Reputational • Crisis Containment: • Disgrace • Fatalities • Social Media • Environmental Impact

  9. Key Exposures: Revenue and Funding • Contractual • Changes to Political Landscape • Denial Of Access • Weather • Commercial Partnerships • Key people • Stakeholders

  10. Key Exposures: Physical Property • Your Property • Motor • Hired In • Worldwide

  11. Key Exposures: Personal • Personal Assets • Criminal Prosecution • Employment Practices • Trustee • Health & Safety

  12. Key Exposures: Professional • Advice • Failure to Organise • Licensing and Certification • Competition & Officiating

  13. Case Study – Canoe Wales • Appraisal of the business:  CW, NWWC & R3 UK wide activity – not for profit and commercial • Identified risks - business & policy failings • Agreed a way forward to handle the risks • Site inspection – diligence, time and asked the right questions • Result • Insurer with expertise in water sport • Savings of over 25% • Bespoke cover - needs & budget • 3 year programme • Agreed review periods • Investment • Great increase in numbers of girls and subsequent national performance • Improved national rankings • Gemau Cymru 2012 & ICF World Cup 2012

  14. Summary • There are insurance solutions for all of these • Embrace your broker! • The devil’s in the detail • Claims are key • Insurance only gives peace of mind if you know what you have bought

  15. Penny for... Your thoughts: Visit www.doodsonbg.com/SA-Feedback

  16. Thank You • ANY QUESTIONS?

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