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Slow start on strike cover

30th October 1997
Page 10
Page 10, 30th October 1997 — Slow start on strike cover
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Keywords : Strike Action

• Insurance firms offering cover against strikes and blockades say hauliers have been slow to take up these policies.

Haulage Direct Insurance Services says "only a handful" of transport companies have opted for a strike policy. "Obviously hauliers want to keep costs down," says a spokesman. Newmarket-based Roberts Davis, which also offers strike cover, says it has only "a few hundred" vehicles on its books which are covered for strike action: it covers some 6,000 trucks on conventional insurance policies.

"Nobody knows that it is available," says director Anthony Gardiner.

This is a view echoed by London-based Strike Risk Management which confirms there has been a very low takeup of hauliers requesting strike cover. It adds that it does not make much money through these policies 9see page 4-).

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Locations: Newmarket, London

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