Ocado News

Insurance Helps Online Grocer Ocado Rebuild After Devastating Warehouse Fire

Ocado Group Plc is fond of making excuses for disappointing grocery sales growth. In the past, it has blamed everything from a shortage of drivers in the run up to Christmas to its health-conscious customers ordering less juice. So it …

Electrical Fault in Battery Caused Huge Blaze at Ocado’s UK Distribution Center

British online grocer Ocado said a huge blaze which destroyed its major distribution center in Andover, southern England, was caused by an electrical fault in a battery that caused a robot to catch fire. Shares in Ocado fell as much …

Companies Still Learning About Fire Risks Around Robots

The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a blaze …

UK Online Grocer Ocado Learns Lessons About Robotic Warehouses After Massive Fire

The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a blaze …

UK’s Ocado Expects Total Loss of $58M Distribution Center After Huge Fire

One of Ocado Group Plc’s largest U.K. warehouses is expected to be completely destroyed by a fire, constraining the online grocer’s ability to meet customer demand and cutting sales growth. The blaze began Tuesday morning in the 45-million pound ($58 …

UK Online Grocer Ocado Warns of Sales Hit from Fire at Robotic Distribution Center

A huge fire at Ocado’s flagship robotic distribution center will hit sales growth, the British online supermarket pioneer warned on Wednesday, sending its shares sharply lower. Around 20 fire engines and 200 firefighters were called to the blaze at the …

Willis, Atlas Set-up Malta-based Insurer to Underwrite UK Auto Liability

The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), which is based on the Island of Malta, jointly announced the establishment of a new insurance structure to cover the entire UK fleet liability of …