Unlike in times gone by, fires these days are not necessarily associated with a positive outcome. They are rarely used for cooking or generating heat. Instead, fires usually mean destruction – especially for companies operating high-bay warehouses, cold storage, data centers, archives and more. According to the Allianz Global Corporate and Specialty Global Claims review 2014, fire is the major cause of property loss by the number of claims and value. The Allianz Risk Barometer 2017 also stated that a business interruption is statistically the highest risk for businesses.
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