Across the industry we’ve heard reports of an increase in fires and fire spread over recent years, spanning from electrical faults to health and safety failures.
According to the Association of British Insurers (ABI), 2018 saw the highest number of fire claims since records began, with an incurred cost of £1,298m. The changing nature of warehouse storage (open-plan rather than the compartmentation we saw more readily in the past) means that insurance costs for commercial fires can easily exceed the £1million mark.
Just recently, Allianz Insurance saw a claim for a well-known chain store where fire had spread through a large area, completely destroying the building and the stock stored within. With costs estimated to be almost £3million and the business left without any premises, Allianz dispatched a drone to determine causation and establish the extent of the damage; given the sheer size of the affected area, this would have taken far longer without aerial images.