Property Practice Leader for Integro, Mike Korn, answered the question of what could go wrong at a facility and cause a property loss in a recent article for Risk Insiders. In his piece, he addresses how underwriters determine exposure to fire loss, at a high level.
“Some of the terms are synonymous and though the differences between loss scenario approaches are subtle, they can have a significant impact on the quantum of loss estimates,” Korn wrote for the piece.
See how well you understand the most commonly accepted definitions of the various fire loss scenario approaches by reading Korn’s article now.
Explore Integro’s expertise and solutions in the areas of property insurance and see how our colleagues can help you cover your facility.