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Security matters for high net worth clients

David Parkinson explains how your high-net-worth clients can protect themselves by developing a multi-layered approach to security design.

Welcome to our video with loss prevention expert David Parkinson

Although we saw a decline in theft (down by 43%) and robbery (down by 47%) between April and June 2020, compared to 2019, we anticipate losses will creep back up as current pandemic restrictions start to ease. So now is the time for your high-net-worth clients to get prepared and review their security arrangements.

In this video, David Parkinson outlines the theft and robbery landscape and how to take an integrated approach to security design.

Summary of a multi-layered approach to security design:

  • Targets – principal properties, outbuildings, vehicles.
  • Physical prevention – measures designed to keep thieves out, including perimeter protection, door and window locks, safes, and cabinets. Design security from the perimeter inwards to deter and delay thieves from reaching target areas.
  • Detection – in the event physical protections are overcome using electronic security measures.

The video also explores:

  • The implications of the new digital fibre telephone network, now being rolled out, on the performance of alarm transmission systems.
  • Cyber-crime; virtual assets shouldn’t be overlooked when it comes to a security review.

Watch David’s video to find out what your high-net-worth clients can do to protect themselves so you can advise them on what steps they can take.

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Meet David Parkinson

David is responsible for the delivery of risk management technical services. Part of his role is to develop the expertise of the survey team. He also focuses on developing effective risk management tools, including guidance material, training seminars, and workshops. 

David has extensive risk experience, having started life with Ecclesiastical as a Risk Control surveyor. He has held many positions within the company, including Technical Specialist and Property Manager, and has knowledge of highly complex risks.

This guidance is provided for information purposes and is general and educational and does not constitute legal advice. You are free to choose whether or not to use it, and it should not be considered a substitute for seeking professional help in specific circumstances.

Accordingly, Ecclesiastical Insurance Office plc and its group companies (“Ecclesiastical”), InsureTV Limited and its group companies (“InsureTV”), shall not be liable for any losses, damages, charges or expenses, whether direct, indirect, or consequential and howsoever arising, that you or any third party suffer or incur as a result of or in connection with your use or reliance on or action taken (or not taken) by any other party, caused by that or any other person’s use of or reliance on the information provided in this guidance, except for those which cannot be excluded by law.

In viewing the guidance, you acknowledge that over time the information provided may become out of date and may not constitute best market practice, that it is subject to change and new editions may be issued to incorporate such changes, and that Ecclesiastical and InsureTV have no duty to provide such changes.

Risk advice line

Customers can contact our experts for specific risk advice:

0345 600 7531

9am to 5pm Monday to Friday (excluding bank holidays)

risk.advice@ecclesiastical.com Find out more Preferred suppliers

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