In reply to mark_wellin:
> (In reply to IainWhitehouse)
>
> ... I know they say bouldering is more dangerous because of more accidents. But it would be hard to kill yourself bouldering Where as it's quite easy to die roped climbing....
In the insurance world death is actually preferable to most remotely serious injuries - it means a one-off finite payment rather than an unknown long-tailed claim that you would get for e.g. a back injury that could rack up millions in cost from house conversion costs and mobility cars to rehab and "emotional" support, probably on an on-going monthly basis. It's rather crass but the fact is it costs a lot to look after people, and not a lot to pay life insurance out
There is also the fact that offering "climbing wall" insurance is relatively new, and is a mind boggling set of new risks that most underwriters will never have heard of. In order for insurance prices to be low, there has to be virtually no risk (and although we might see it like that, underwriters don't) and a long history of claims and payments so that the Actuaries can accurately estimate how many deaths, serious injuries, minor injuries etc that will occur over a given period
> Also there is more liability cos it's all your equipment. Whereas as lon as here ain't a hole inyour Matt your covered as long as the person is properly inducted.
Although we all sign the BMC statement etc and any other ts&cs the wall require, like many things, these don't always cover you in the way you would expect (Especially where someone has been shown to be negligent e.g. climber b leaves his nice metal sigg bottle on the matt and Climber a falls on it (especially if a member of staff didn't spot it))
>
> It's also interesting that you say staffing cost are the biggest factor for you. I did some (very basic and simplistic) sums to work out wether a wall was viable here and by far the biggest cos was rent and rates. Like alot. Nearly double everything else. I guess that's why there isn't a wall here... Noones had the balls to see it through
Are you sure you were looking at the right staffing levels? (These may also be dictated by insurance)
>
> But I'm finding this vey interesting so please don't see me being challenging in any way. I just want to learn!
From an insurance point of view HTH
BB