SPECIAL REPORT – INSURANCE
Insurance Market Conditions - Waste Management STEVE RICHARDS OF RSM GROUP SPEAKS WITH WASTE MANAGEMENT REVIEW ABOUT NAVIGATING WASTE INSURANCE, AS WELL AS HOW TO AVOID POTENTIAL BARRIERS WHILE PURSUING GENERAL INSURANCE.
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Steve Richards of RSM Group, the chosen insurance broking partner of the Victorian Waste Management Association.
20 / WMR / July 2021
eeking insurance can be a lengthy process for any business or household. Insurance in the waste industry is no exception, as Steve Richards Senior Account Managers at RSM Group explains. “Over the past four years the insurance market has become incredibly difficult in the waste sector, we hope to ease some of that hardship,” Richards says. With more than 36 years in the waste industry, RSM Group has supported the sector, providing insurance broking services to waste operators. Started in 1985 by his father Bruce, Steve along with his brother Tom, have developed RSM’s expertise in the waste industry. As the chosen insurance broking partner of the Victorian Waste Management Association, RSM Group has extensive involvement and knowledge in the waste insurance sector. Viewed as a high-risk industry, many operators have had difficulty finding insurance coverage and selfinsurance is at record high levels. Major incidents such as fires at waste collection sites and stockpiles have led to huge insurance payouts,
