This Drowning Prevention Week, which runs from 17th to 24th June, Mann Broadbent are looking at how the rise in popularity of stand-up paddle boarding (SUP) has also resulted in an increase in deaths from drowning.
For almost 20 years insurance premiums in the sport & leisure sectors have been stable or even getting cheaper. However, in recent months the market has hardened to the extent that some policyholders are seeing their premiums double, treble or even almost impossible to obtain cover.
Without Product Recall insurance, manufacturers and wholesalers are faced with the cost of tracing the products, recalling and replacing them. This is in addition to being out of pocket for lost sales and potentially faced with a PR crisis.
Sutcliffe Insurance Brokers Limited trading as Mann Broadbent is authorised & regulated by the Financial Conduct Authority, Number 306068. Registered in England Company Number 1167560, 2 Foundry Street, Worcester, WR1 2BJ
