Risk Advice – Arson
UK statistics show that arson accounts for 40% of fires in commercial premises and over 20% in residential buildings.
This is a very significant risk to homeowners and businesses alike. We thought we’d share with you a recent ‘risk bulletin’ from LV= that gives practical risk management guidance to help you minimise the risk and hopefully prevent claims.
In summary the guidance runs through 5 key steps that you can take to minimise the risk of an arson attack;
- Risk assessments
- Denial of fuel
- Security protections
- Staff precautions
- Closedown procedures
Whilst all premises are vulnerable to arson attacks, particular premises are statistically more likely to be targetted; schools, unoccupied buildings, religious premises, farms, abattoirs and animal research premises.
LV= Risk Advice: Arson.
Who are LV=?
As one of our insurer partners, LV= offer a wide range of business policies designed for the SME sector. Established in 1843, Liverpool Victoria Friendly Society (which trades as LV=), is the UK’s largest friendly society and a leading provider of financial services products.
Please let us know if you have any queries.
Posted by Philip Heath on August 1, 2013 in Claims, News, Risk Advice |