Driving cost of insurance down can be achieved through risk mitigation.

Aon have committed to ensure delivery of training and insight to help mitigate risks.

Our aim has been to ensure flexible cover so that you do not pay for cover that is not needed at present.

With anticipated lower trading and occupancy levels, reduced stock being carried, and fewer employees from re-opening, and with this hopefully improving over time, we have pushed for a base insurance policy that meets basic needs, but that can then scale with business needs (both up and down).

A 'baseline' policy will be the starting point, delivering cost-effective cover that can be quickly adapted to match changing exposures. The 'baseline' policy will include:

• what must be covered in order to comply with statutory requirements
• what should be covered in terms of fixed assets and how this can be managed
• what variable limits can be reduced to reflect lack of exposure
• optional extra cover options on a site by site basis should they be required

It is essential that you are not paying for cover which is not required or deemed less vital at this point.