One of the most critical risks threatening a company's assets is physical damage that can have a wide impact in a short period. Fire, explosion, lightning, and damages that may develop as a result can cause serious losses to buildings, machinery, fixtures, inventory, and production processes.
When determining the scope of coverage, not only asset values but also the business activity, location, production structure, storage conditions, and business interruption scenarios should be considered. This approach enables the creation of a more realistic, comprehensive, and tailored protection model against fire-related risks.
