Ontarget The Activities Industry Mutual Newsletter
Spring 2010
A successful year The AIM Scheme began in February 2005 and converted into a mutual, The Activities Industry Mutual Ltd (AIM) in July 2007. I am pleased to report that AIM has enjoyed a successful second year and the forthcoming financial statements will show a second successive surplus. Compared with the previous 12 month period to 31 July 2008, the Mutual has experienced an increase in total contributions and membership numbers, which to a large extent is due to word of mouth recommendations. This is a good outcome in AIM’s second period of operation as it establishes itself as a significant and influential force in the outdoors insurance sector. The appeal of a well managed mutual, wholly
active part in supporting members to adopt
focused on the outdoor education and
best practice in the management of safety and
activities sector, owned and controlled by
continue our programme of providing members
its members and fully protected by excess
with advice from experts on Health and Safety
insurance with the highest security, is a
and post accident procedures through a
powerful alternative to conventional insurance
series of meetings, seminars, workshops and
schemes.
publications.
AIM is a not for profit company, limited
We are encouraged by the strong level of
by guarantee. It was created by people in the
interest in the Mutual from right across the
activities industry to support people in the
outdoors sector and look forward to AIM’s
activities industry and provides broad and
future development with enthusiasm and
relevant cover to its members via a mutual
confidence.
structure. Control of the Mutual rests with the Board of Directors which is elected by the
Andrew Gardiner, Chairman
members, primarily from the membership. It is administered by professional managers and claims are handled by a specialist team. This structure provides a unique alignment of interest in favour of the member. Furthermore, activities industry expertise within the Mutual allows us to deal with our members in an intelligent, understanding and supportive fashion. The AIM Board has recently adopted as its mission the objective of being “the leading provider of liability cover to the adventure activities industry”. To this end we will take an
FEATURES • AIM National Seminar and AGM — 10 March 2010 • Protecting children and business • Member Profile – Venture Trust • Compensation culture and the outdoors • Lord Justice Jackson’s review of personal injury claims costs • Withdrawal of Redpoint Auto-Belay devices