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20 July 2017Social Housing Summer Newsletter 2017

Social Housing Summer Newsletter 2017

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The tragedy involving the residents of Grenfell Tower is very raw at the time of writing this newsletter and certainly puts things into perspective for all us. The fact that the building provided Social Housing does, of course, particularly resonate with all of us involved in the sector - be it you as providers or those of us at Gallagher Housing.

At a corporate level we are looking at ways to offer support. However at a local level please contact your Account Director if you need any support or merely require information or clarification on any related issue.

Let us hope that some positive learnings and actions result over time.

In our last Newsletter, I referred to the unpredictable environment and, once again, commentators have been confounded by an unexpected General Election result.

What was expected, however, was the well trailed increase in Insurance Premium Tax (IPT), as this had been announced some while ago. In this edition we explain the practical implications.

Also in this edition we have outlined the impact of the Justice Department’s changes to the personal injury discount rates. Effectively compensation awards for certain claims can increase dramatically – in extreme cases by millions. Over time we can surely expect this change to be reflected in increased premiums.

Once again we have provided some Risk Management information – this time on the subject of managing your Motor Fleet. This interesting article highlights a device which helps maximise efficiency whilst simultaneously reducing accident rates.

I am pleased to announce below the winner of our ‘Beat the Buzzer’ competition which took place at the NHF Finance Conference in March. As usual the donation is given to the chosen charity.

Finally can I wish you all a safe and enjoyable summer.

Download the Arthur J. Gallagher Housing Newsletter.pdf

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