{"id":663,"date":"2016-12-21T04:56:20","date_gmt":"2016-12-21T04:56:20","guid":{"rendered":"http:\/\/www.stormseal.com\/eu\/?p=663"},"modified":"2016-12-22T04:57:26","modified_gmt":"2016-12-22T04:57:26","slug":"storming-uk-challenges-opportunities","status":"publish","type":"post","link":"https:\/\/www.stormseal.com\/eu\/storming-uk-challenges-opportunities\/","title":{"rendered":"Storming the UK: challenges and opportunities"},"content":{"rendered":"<p>Stormseal\u2019s Managing Director, Matthew Lennox, recently travelled to the UK to meet with a number of UK based Insurance companies, with large client bases extending across the UK.<\/p>\n<p>Although he only spent four days in the country, Matthew learnt a lot about the UK insurance market and the challenges and opportunities it presents for Stormseal.<\/p>\n<p><img decoding=\"async\" class=\"alignright wp-image-666 size-medium\" src=\"http:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1-300x300.jpg\" alt=\"storming-the-uk-1\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1-300x300.jpg 300w, https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1-150x150.jpg 150w, https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1-180x180.jpg 180w, https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1-600x600.jpg 600w, https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-1.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\u2018The way insurance works in the UK is very different to Australia. In Australia, if there\u2019s a catastrophe like a big storm, the cost of subsequent claims is distributed evenly as a small, universal increase to premiums. In the UK, if you make a claim, your insurance premium will increase dramatically, doubling or even tripling to help defray costs \u2013 it\u2019s a user pays system, designed to discourage excessive claims.<\/p>\n<p>\u2018This makes Stormseal\u2019s reliable protection of storm-damaged buildings even more important to policyholders \u2013 and therefore, to insurers \u2013 in the UK. It\u2019s not just about policyholders\u2019 safety and peace of mind, it\u2019s also about avoiding a significant increase in their premiums by preventing ballooning claims from ongoing weather damage.\u2019<\/p>\n<p>Matthew also compared builder training in the UK to practices in Australia.<\/p>\n<p>\u2018In Australia, we have robust, national regulations governing Workplace Health and Safety (WHS) training, with clear competency standards. We have developed a comprehensive one-day course for <a href=\"http:\/\/www.pinnaclesafety.com.au\/courses\/height-safety\/work-safely-at-heights-stormseal\" target=\"_blank\">Stormseal installer training<\/a> which is WHS accredited, and requires prior completion of Work Safely at Heights training. Successful trainees receive a nationally recognised Statement of Attainment.<\/p>\n<p>\u2018In the UK, training standards are more lax, with many builders having the attitude that if they have experience, they don\u2019t need training to enhance their skills or ensure that they are meeting safety standards. Stormseal training has been well received in Australia, but it could be a challenge to promote it in the UK market.\u2019<\/p>\n<p>Matthew was impressed with connections he made through meeting with Austrade representatives at the Australian High Commission in London, especially when they introduced him to <a href=\"http:\/\/businessbirmingham.com\" target=\"_blank\">Business Birmingham<\/a>.<\/p>\n<p><img decoding=\"async\" class=\"size-medium wp-image-667 alignleft\" src=\"http:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-3-300x225.jpg\" alt=\"Stormseal in the UK\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-3-300x225.jpg 300w, https:\/\/www.stormseal.com\/eu\/wp-content\/uploads\/2016\/12\/storming-the-uk-3.jpg 640w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\u2018Business Birmingham rolls out the red carpet to encourage foreign businesses to establish a base in the city. Their services are free of charge and include relocation support, property guidance, government mediation, legal advice, business networking, and assistance with access to funding.<\/p>\n<p>\u2018This is extremely helpful to Stormseal, given that one of our target clients \u2013 Evolution Claims Management \u2013 is based in Birmingham. This centrally located city has an exciting future, now that a Very Fast Train makes it possible to travel to London in 45 minutes, compared to taking about three hours by car.<\/p>\n<p>\u2018Overall, we\u2019re feeling excited about the prospects for Stormseal in the UK and keen to adapt our products and services to meet the needs of this market.\u2019<br \/>\nFor more on the news unrolling at Stormseal \u2013 follow the journey via our\u00a0<a href=\"http:\/\/www.linkedin.com\/company\/10688046\" target=\"_blank\">LinkedIn page<\/a>,\u00a0or follow us via\u00a0<a href=\"http:\/\/www.facebook.com\/stormsealindustries\" target=\"_blank\">Facebook<\/a>,\u00a0<a href=\"http:\/\/www.instagram.com\/stormseal\/\" target=\"_blank\">Instagram<\/a>, and\u00a0<a href=\"http:\/\/twitter.com\/stormseal3\" target=\"_blank\">Twitter<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stormseal\u2019s Managing Director, Matthew Lennox, recently travelled to the UK to meet with a number of UK based Insurance companies, with large client bases extending across the UK. Although he only spent four days in the country, Matthew learnt a lot about the UK insurance market and the challenges and opportunities it presents for Stormseal.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":665,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-press","category-1","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Storming the UK: challenges and opportunities - Stormseal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stormseal.com\/eu\/storming-uk-challenges-opportunities\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Storming the UK: challenges and opportunities - Stormseal\" \/>\n<meta property=\"og:description\" content=\"Stormseal\u2019s Managing Director, Matthew Lennox, recently travelled to the UK to meet with a number of UK based Insurance companies, with large client bases extending across the UK. 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