IFIC Forensics Launches Forensic Fire Triage Service - 6th February 2014
IFIC Forensics Launches Forensic Fire Triage Service
IFIC Forensics has launched a forensic fire triage service to ease pressure on insurers and loss adjusters experiencing continued high volumes of weather related claims. The swift, cost effective service aims to help reduce insurers’ exposure to claims leakage from domestic residential and small commercial arson cases and avoid them going undetected, particularly in times of claims surge.
One in three fires in hotels, pubs and restaurants are a result of arson and it is estimated that one in seven domestic residential fire claims are from deliberately started fires. Latest ABI figures from 2009 show insurers paying out £3.6million every day for damage caused by fires and only an 8% arson detection rate. IFIC Forensics has experienced a 25% year on year increase in turnover in 2013, to include residential and small commercial fire claims instructions, and identified the need for an efficient entry level forensic fire solution. The new service arms insurers with a full report detailing remediation and liability advice, allowing them to make informed decisions and providing the opportunity to limit liability, prove contributory negligence, recover costs and repudiate fraudulent claims.
Dr. Jim Lygate, Chairman & Principal Investigator at IFIC Forensics commented: “Historically our support for our insurer and adjuster clients was predominantly focussed around major, high value, international cases. In the last year we have increasingly seen our instructions extend to include lower value domestic residential and small commercial fire claims. This demonstrates the market’s growing appetite to minimise fraud exposure from arson claims and effectively manage liability and recover costs on these lower value fire claims. We have designed our forensic triage service in response to that market need and demand for the service continues to grow. Fire investigation is vital for the insurance industry and with continued cut backs to the UK fire and rescue services leaving insurers’ bottom lines at risk, we are proactively recruiting talent and investing in the fire investigators of the future.”