Raising building regulation standards could slash £34m
each year from the nation's annual fire damage bill, according to the ABI.
Responding to a government review of building regulations, the ABI has called for existing regulations to be changed to include fire safety management measures during a building's design phase.
ABI figures revealed that the cost of commercial fire
claims in the first three quarters of this year rose by 20% - the equivalent of £483m.
Jane Milne, ABI head of household and property insurance, said: "Poor fire safety management is responsible for 35%of fires.
A safety standard at design stage could reduce significantly the impact of fire."
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
