Pictured above: Dean Oldham, business manager at Brett &
Randall and John Bowers, managing director of Bowers and
Freeman
A year on from a massive factory fire at Bowers & Freeman,
the Leicester Company is back to full capacity.
It took seven fire engines four hours to put out the blaze in
Saffron Road, but by then half of the factory had burned
down.
The fire started when highly volatile celluloid self-combusted
on an unusually hot summer's day. It happened even though the
company was storing the material correctly in a fireproof room as
requested by their insurance company.
The firm was left with a huge bill and less than half of it's
normal working space at the ruined premises. It was a catastrophe
that would put many companies out of business.
Dean Oldham, a Business Manager at the firm's insurance brokers,
Brett & Randall, was on the scene within two hours of the fire
being discovered. "The road was closed off and flames were licking
up the side of the building," he said. "So it was obvious Bowers
& Freeman were going to have a very large and complex insurance
claim ahead of them."
The most pressing problem was to find a way to get the company
back into production so that it could fulfil the orders on its
books.
Within a week, with help from their insurance broker, they were
working again in temporary accommodation located just a short
distance away.
There followed the complicated business of sorting out the
insurance claim.
Brett & Randall's Claim Manager, John Tyler, and who is an
ex-loss adjustor, worked with Bowers & Freeman director Yvonne
Copson to get the insurance claim processed.
He arranged for interim payments from the insurance company to
keep cash flowing.
Brett & Randall carried out site visits with loss adjustors
from the insurance company and handled negotiations with them.
Damage to the factory was severe, and it cost £750,000 to
replace machinery and equipment. Although planning officers
were slow to grant planning permission to rebuild the factory,
Bowers & Freeman is back to full capacity with 22 employees at
the rebuilt and repaired Saffron Road premises a year after the
fire.
Yvonne Copson said: "We are so glad we decided to have an
insurance broker rather than just dealing with an insurance company
directly, as Brett & Randall have proved to be life savers
throughout this process.
"Their experience and advice over the years has resulted in us
obtaining better cover and meant that everything damaged in the
fire could be replaced."
Brett & Randall's Dean Oldham said: "There are always
challenges with major claims. A disaster like this could have been
the death knell for many companies, but we have seen them
through."
R E Bowers & Freeman Ltd was established in 1948 by Ronald
Bowers, and was originally located in Highcross Street in the city
centre. The family-run firm moved to Saffron Road in 1966 where it
diversified and expanded considerably under the guidance of
Ronald's sons John and Robert. Yvonne Copson, who has worked there
for 23 years, is the granddaughter of founder Ronald Bowers.
The company is known worldwide for it's variety of products,
including tooling for the packaging of food, pharmaceuticals and
cosmetics; security printing; and heading punches and stamps.