Are you prepared for La Niña?

NATIONAL

Pic cap – (Insert slide 23 – Hierarchy of controls here)

Stage three consists of: • Assessing the residual risk with all the controls and mitigating actions in place. • Assessing the likelihood of an incident occurring considering the effect of the controls. • Remembering that administrative controls such as work instructions and PPE are the least effective type of controls. • The consequence rating will not change from the assessment given for the inherent rating. The reason for this is that the consequence will always be the same if all the controls fail to prevent an incident.

Mr Doherty also pointed out that if a business owner’s residual risk is still assessed as high, then they must apply further mitigating controls to bring the risk to at least medium.

For more information visit the MGA TMA web site at: www.mgatma.com.au

Craig Love | Senior Risk Adviser, Adroit Insurance & Risk

The Bureau of Meteorology has declared a La Niña is officially underway, signalling we could be in for a wet spring and summer. The last major La Niña events were in the summers of 2010-11 and 2011-12. They resulted in 2010 to 2012 being Australia’s wettest two-year period on record.

Flooding was widespread and devastating.

In early 2011, large parts of South-East Queensland were underwater; the Lockyer Valley was hit by a cascade of water coming off the Toowoomba range, and Brisbane saw its worst flooding since 1974.

In 2010-2011, regional Victoria also witnessed widespread flooding, with many rivers experiencing their highest recorded flood levels. We can easily forget flood cover whilst we have drought and bushfire.

Remember, the definition of Flood is – “The covering of normally dry land by water that has escaped or been released from the normal confines of: any lake, or any river, creek or other natural watercourse, whether or not altered or modified; or any reservoir, canal, or dam.”

A few questions to ask yourself:

• Do I have assets (business or personal) in a flood-prone area? • Am I covered for flood damage? Has this been documented in writing? • If you are unsure, please contact your

Risk Adviser, and we will assist

It is better to be prepared and on the front foot rather than receive that dreaded call where your property has been damaged by flood and you do not have the correct cover in place.

If you would like to discuss any aspect of your supermarket insurance program, please contact our specialist supermarket Risk Advisers at Adroit Insurance & Risk on 1300 My Adroit for a free health check on your supermarket insurance program.