Waikato Business News September/October 2017

WAIKATO BUSINESS NEWS August/ September 2017
11
Frank
has your
back
Frank
has your
back
A simple multi-plug was thought to have started the fire which
A swept simple through multi-plug the Te was Rapa thought dry-cleaning to have and started laundry the fire business which
swept just on through three years the Te ago. Rapa dry-cleaning and laundry business
just on three years ago.
Rae & Warren from Apparelmaster Waikato Limited were
Rae called & on Warren a winter’s from Apparelmaster evening by their Waikato security Limited service were who
called thought on there a winter’s was an evening intruder by in their security premises. service who
thought there was an intruder in the premises.
When they got to the scene, they were joined by seven
When fire crews they from got Hamilton the scene, and they Ngaruawahia, were joined and by although seven
fire the crews blaze was from out Hamilton in no time, and Ngaruawahia, their building, plant and although and
the machinery blaze was was out gutted in no and time, their their future, building, uncertain. plant and
machinery was gutted and their future, uncertain.
Research conducted by loss and risk management
Research expert Prof. conducted Allan Manning by loss shows and risk that management
50% of
expert businesses Prof. fail Allan within Manning 2 years shows of a major that 50% catastrophe, of
businesses even when the fail within business 2 years is insured. of a major Fortunately catastrophe, for Rae
even and Warren when the business is was insured. insured, Fortunately through for Frank Rae
and Risk Warren Management. the business was insured, through Frank
Risk Management.
“From the outset, we knew Frank had our
“From back, the and outset, does we to this knew day” Frank said had Rae. our
back, and does to this day” said Rae.
It was a major process starting the business
It almost was a from major scratch process again starting – but the three business years later
almost Apparelmaster from scratch are not again only – back but three in business, years later but are
Apparelmaster doing better than are ever. not only They back even in took business, the opportunity but are
doing better than ever. They even took the opportunity
to fast track their ten-year plan for plant and automation
to upgrades fast track during their the ten-year rebuild. plan for plant and automation
upgrades during the rebuild.
“It was not an experience that we would ever want to
“It repeat.” was not Apparelmaster’s an experience GM that Clark we would Massey ever said, want when to
repeat.” asked what Apparelmaster’s advice they would GM Clark provide Massey to someone said, when
asked starting what out in advice business they with would regard provide to insurance to someone and
starting disaster out recovery in business planning. with Clark regard recommended to insurance and “...
disaster choosing recovery an experienced planning. broker Clark that recommended will get involved “...
choosing the claim, an and experienced go into bat broker for you.”, that will and get to involved “...form
in relationships the claim, and within go your into industry, bat for you.”, so that and you to “...form have a
relationships sister company within to rely your on industry, the event so that of a you disaster.” have a
sister company to rely on in the event of a disaster.”
Recently, Frank & Apparelmaster Waikato received
Recently, the Phoenix Frank Award, & Apparelmaster from Australasia’s Waikato largest received risk
the management Phoenix Award, and insurance from Australasia’s consultancy, largest LMI risk Group.
management The Phoenix Award and insurance recognises consultancy, those businesses LMI Group. that
The had Phoenix the management Award recognises skill and tenacity, those businesses to not only that
had survive, the management but to flourish skill following and tenacity, such loss to and not only disruption.
survive, but to flourish following such loss and disruption.
Frank reports to you. Not New York.
Frank reports to you. Not New York.
frankrisk.co.nz
frankrisk.co.nz