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Insurers being sued for climate change

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As natural weather events are usually catastrophic and extremely costly, it is usually Re-insurers who cop the brunt of such claims. They have been funding research and lobbying governments around the world to take more responsibility on what has been established as a real threat and issue.

Reinsurers interest extends to being able to measure the amount of future reserves they will need to pay claims and then charge a premium rate accordingly. It is only competition that keeps the rates down.

After the catastropic events around the world with Hurricane Irene, Cyclone Yassi, Floods in the USA, Australia and Europe. Let alone unrelated disasters such as Earthquakes in New Zealand and Japan. The pressure is on for substantial rate increases.

The pressure is on responsible governments around the world to manage these global threats, because Insurance policies will pay for the actual event causing damage and injury, but not cover the long term cause of it.

Last changed: Sep 23 2011 at 11:32 PM

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Robert Cooper - one of 100 faces of small business

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You can see Robert's entry here:

It is the third accolade for CPR Insurance Services in a month and after seven and a half years in business is a real pep up for the company.

For Robert, it is the culmination of many years experience, becoming well qualified, experiencing the highs and lows of a career and always wanting to contribute to his community. Sometimes, these things just come together and you receive recognition for your efforts.

Robert says that there is no doubt that starting your own business is a huge challenge, but with the right research and planning, the right people around you and a good set of values that you apply to the vision of the company, you have a very good chance of making it all succeed.

Robert says he is lucky. He has a strong supportive Wife, Mandy, who is also part of the business, along with efficient and hard working staff such as Julia McLauchlan and Aidan Harmer who are building up their own skills in a learning environment. 

However, the most important and most supportive people for CPR Insurance Services are our clients who have stuck by us and supported us over the past seven years. Our focus remains on providing the best possible service we can and always acting in their best interests. To all our clients, we say thank you!

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Judging came from various parts of the industry. It is a great honour to be recognised for our hard work and particular Business values we follow. A full list of winners is listed here.

Success comes from having great staff, and we thank Aidan Harmer and Julia McLauchlan as important support staff for helping us win such an award.

CPR Insurance has been in operation for more than 7 years now and is only successful because of the wonderful support from our staff, insurers and most importantly, our fantastic clients who put their faith and trust into our company to be their Risk Advisers and Brokers. 

Thank you to all.

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