As the police, plant owners, insurance industry, manufacturers and security companies work continually to make plant theft more difficult, thieves are moving towards targeting hire companies to fraudulently acquire plant.
Some recent criminal activity includes:
A common mistake is to think that insurers are the only ones affected by claims, but in reality, the impact often comes back to the policyholders.
It's important to know that theft affects:
You are the first line of defence in preventing a fraudulent hire.
The additional steps below could help:
This guidance is to help reduce the likelihood of you becoming a victim of this type of crime; however, you will need to ensure you meet all the requirements of your insurance policy.
If you have any questions regarding your current insurance cover, please speak to your broker about your options.