Retail Loss Prevention Tips

Posted Mar 9th, 2016 in Business Insurance Tips, resources

  • Never store combustible material, such as cardboard or paper, near heaters or electrical equipment and remove combustible waste on a regular basis.
  • In sprinklered buildings, keep stock more than 18 inches below the sprinkler heads, so as not to interfere with the system's effectiveness in the event of a fire.
  • Avoid overloading of electrical outlets, particularly in older buildings equipped with fuses instead of circuit breakers.
  • Keep all of your stock off the floor, stored on skids, shelves, or racks.
  • Make sure the front, rear and interior of your business premises are well lit, particularly when closed for business.
  • Arrange the interior layout of the store so that the till area is clearly visible from the exterior of the building.
  • Limit the amount of cash in the till by using a safe or money-limiting device.
  • If your store is open long hours, consider the installation of closed circuit television cameras and hold-up alarms.
  • Make regular bank deposits, but vary the timing of the deposits and the route taken.
  • Install anti-shoplifting devices and surveillance equipment or keep high priced merchandise under lock and key in display cases.
  • Ensure that life and safety features such as fire alarms, exit signs and emergency lights are operational and serviced as per applicable fire code specifications.
  • Do not block exits with stock or equipment. Ensure that all exit doors are unlocked during store hours.
NEWS & UPDATES FROM THE INSURANCE BROKERS ASSOCIATION OF HAMILTON
IBAH | Annual Golf Tournament | August 15, 2017

IBAH | Annual Golf Tournament | August 15, 2017

Posted May 12th, 2017 in Community Events, IBAH News

Golf season is just around the corner and we are happy to announce the Insurance Brokers Association of Hamilton’s Annual Golf Tournament will be held on August 15, 2017.

Read more

Seminar | Gotta Love Millennials | September 13, 2017

Seminar | Gotta Love Millennials | September 13, 2017

Posted Jul 17th, 2017 in Educational Seminars, Community Events, IBAH News, Luncheon

We hope you join us for 'Gotta Love Millennials,' to learn how to connect with this important customer on September 13, 2017. 

Read more

Interested in advertising your company on the IBAH website?