Presentation on theme: "SUSTAINABILITY SHORT-TERM INSURANCE INDUSTRY FIRE RISK MANAGEMENT."— Presentation transcript:
SUSTAINABILITY SHORT-TERM INSURANCE INDUSTRY FIRE RISK MANAGEMENT
WHAT IS THE FIRE STRATEGY DESIGNED TO DO? DECREASE ECONOMIC LOSSES AND DEATH RATE HUMAN CAPITAL DEVELOPMENT DATA AND TECHNOLOGY PREPAREDNESS NEW/ REVISED BUSINESS MODELS BRICS AND AFRICA AGENDA STAKEHOLDERS AND CONSUMER EDUCATION
HOW IS THE PROJECT IMPACTED BY CLIMATE? TEMPERATURE, WIND AND DROUGHT (LOW RAINFALL) ACCENTUATED BY Urbanisation Spatial planning Built and rural environment –Commercial and residential –Agriculture
WHAT HAVE WE ACHIEVED: FEB NOW Completed vision, mission and objectives NDMC and fire specialists, Fire Protection Association of South Africa, SAIA members, Eskom All municipalities that have access to building control services to provide consistent qualified appraisals of fire designs in South Africa. To increase the footprint / access of municipalities to suitable building control / fire safety skills critical to economic development i.e. 10% increase in access to services. For all relevant insurers, financiers and engineers to complete a CPD program on fire risk. FPASA is an accredited educational provider. Creation of a central fire dashboard of shared public and private data to drive MIS planning and decrease systemic risk. To ensure that the proposed and existing regulatory and policy frameworks enable the objectives indicated above and enable insurance practices.
WHAT HAVE WE ACHIEVED: FEB NOW Accountability Agreed a formal merging and management of the fire strategy to FPASA Strategic partnerships Drafted MOU with NDMC – finalising now Standards and regulation Completed various evaluation of SANS standards Response on white paper discussion document CPD Completed accreditation of the FPASA qualifications through IISA Municipal Capacity – qualified building plans Started the study to profile municipal building control and fire safety officers profile – to add to fire loss data = dash board Approval insurers sign off to ploy software with the fire departments Draft outline and concept discussion with Provincial Government of Western Cape and City of Durban on piloting the Etana software Preparing for pilot
NEXT STEPS Strategic partnerships Overarching MOU to be finalised with NDMC in conjunction with FPASA MOU Municipal Capacity – qualified building plans Define how we manage the preparation for the piloting of the software Lessons learnt Collaboration is possible Takes time upfront Needs dedicated focus Requires willing partners = mutually beneficial outcomes with key prioritisation
Title hier presented by John Doe Date here Thank you!