Bridge Over Troubled Water: Reducing the Risk of Water Damage to UK Business
Water damage is one of the most common causes of insurance claims across multiple sectors in the UK, from leisure, retail, hotels and restaurants, communication sites, utilities infrastructure, power generation and data sites, right through to cultural and heritage sites, hospitals, healthcare centres and education to name but a few.
It can occur for a variety of reasons, ranging from natural disasters such as flooding and storms to simple plumbing issues like leaky pipes and malfunctioning air-conditioning systems, particularly when they fail to regulate humidity levels, leading to condensation or the formation of ice.
Whatever the cause, the damage can be significant, resulting in costly repairs and disruptions to business operations and almost every building in the UK is at risk. Claims of this nature are consistently one of the most expensive, costing insurers an estimated £1.8m a day, and worryingly are on the rise.
If you are a facilities manager or building owner who would like to reduce the risk water damage to both your building and insurance premiums then join this talk with Martin Green to understand the practical action you can take.