AIRMIC establishes new railway industry special interest group

A new railway industry special interest group has been set up by AIRMIC (the Association of Insurance and Risk Managers). It is chaired by Malcolm Lambert of London Underground and is in response to the rising cost of insurance and risk financing. It is open to any AIRMIC member involved in railways, including suppliers, contractors and other stakeholders.

The group will look at how insurance programmes are structured and delivered and consider whether there are ways to reduce or circumvent the cost of conventional insurance.

It will also analyse a number of other issues with special relevance to the rail industry, including subrogation, business interruption and the Claims Allocation Handling Agreement (CAHA).

www.airmic.com

•Date: 4th May 2004 •Region: UK •Type: Article •Topic: Transport and logistics
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