Industrial fires remain a serious concern for (re)insurers, with thousands of fires occur annually in industrial and manufacturing properties, resulting in over $1 billion in property damage alone. It becomes critical to determine the root cause of the fire and to establish the responsible parties.
Furthermore, when fires occur there may also be additional factors that contribute to the size and spread of the flames, in addition to subsequent damage.
Experts are often called in to determine the root cause of the fire and other contributing factors that may have led to fire spread. Investigations are conducted by visiting the site, where the conditions on the site are reviewed and witnesses/employees interviewed, with other evidence collected and sent to laboratories to be further analysed.
This webinar looks at the investigative process and what it is that experts do to determine causation and contributing factors in fires. By looking at real case studies, the presenter will demonstrate the steps that must be taken, in addition to what claims handlers and (re)insurers should look to do in order to facilitate the process.
