Industry advisors have analysed more than 4,782 large loss claims to gauge what can be learned about major fires, their financial impact and how they could have been avoided.
The “Know Your Building” campaign, is helping building owners and managers achieve stronger business resilience when it comes to the threat of fire.
We believe no single event should cause an organisation to fail. In our recently published mini paper, we cover the following vital areas to help you understand the true loss that can occur from fire:
- what is the true cost of fire?
- impedances recorded in large loss data research
- the impact of fire – beyond the financial cost
- knowing your building – mitigating the risk of fire damage
The average cost of a large fire is more than £650,000, would your business survive?
Do you have BCP – business continuity plan, have you discussed sufficiently the issues with your insurance provider?