Theft from commercial worksites is becoming more common. It is said theft and business crimes make up to 20% of all crime in the UK.
Theft crime can be very costly, not just due to the equipment lost, but also the possibility of not being able to work for the day, or however long it takes to replace the stolen items.
This can have knock-on effects with customer orders and deadlines for certain contracts. Your reputation risks damage if you’re not able to work to your usual standard.
Employees are vital to any business and can play a key role in safety and protection of the company and equipment. Companies should always check the backgrounds of any potential employees, if possible. Once on board, security guidelines and polices should be explained in detail and all staff need to be trained in understanding them.
Operating staff accountability means your employees are responsible for their own equipment. Policies can be put into place to enforce this, like making sure staff lock their equipment away in a safe space, and encouraging them to report suspicious activity. All can help to mitigate the potential of theft.
A risk assessment is a vital procedure and should be implemented into every company practice. This will help to identify potential risks and hazards which may not ever happen, but it’s always a good idea to have a plan, if things do go wrong.
Risk assessments should be carried out regularly, ideally once or twice a year. A further review should take place if any changes have been made to business equipment, processes, materials or people. It is also advised to carry them out after any accidents to ensure their validity.
Locking Away all Equipment
Locking away equipment and machinery should be a number one priority when working in an open site. Offices are more secure and harder to access these days, but it is still advised to lock items of value or importance away at night.
There are many security products that can ensure the safety of your items, or at least reduce the risk of theft.
Security cameras are an obvious safety precaution and very popular among businesses.
They may not stop the burglars in the act, but can deter potential criminals who don’t want to run the risk of being caught.
If you are working on a small budget, there are products out there that cater for this. You can install cameras in specific high-risk areas, and security mirrors are brilliant at allowing a camera to see a blind spot hidden from the cone of vision.
Alarms are one of the most traditional and prevalent types of security system. Alarm systems and security lighting are a go-to measure for discouraging intruders, and having them in place can also help to lower insurance premium costs. Consider setting up a BS 4737-4.3:1988 intruder alarm system; this is part of the general requirements that companies need to comply with, in accordance with the National Security Inspectorate (NSI), and therefore should be considered. Once set up, managers are advised to arrange for the alarms to be regularly tested and maintained.
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Contact our Head of Commercial Insurances, David Baker, today to discuss your business’s insurance requirements.
T: 01245 449060