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Friday, 14th January 2011
Coldest December for 100 years sees Insurance Instructions jump by over 500%
According to the MET Office, December was the chilliest December in 100 years and one of the coldest months ever recorded. The lowest recorded temperature at Gelder Group’s Lincoln Head Office was -20.5°C, this coupled with heavy snow falls made life very difficult for building and many projects were delayed during the month.
Ultimately, however, the cold weather will have an extremely positive effect on the Gelder Group’s fortunes. Insurance, Repair and Renovation instructions are up some 500% with over 700 new instructions being received during Christmas and the early part of January, a figure that will equate to £2.5m of additional sales.
Commenting on the surge in Insurance Claims Group, Managing Director Steve Gelder said “Gelder Group has very strong connections with many insurers that go back some years” adding “a -10°C is always great news for our insurance, Repair and Renovation Division but a -20°C has seen claims go off the scale, not since the floods of 2007 or the earthquake of 2008 have we seen such an increase, it’s a great way to start the year”.
