Fire Protection Impairment Management simplifed
With RiskTools, impairments are easier to track, communicate, and more convenient.
Basic
$
999
/year
-
TIV up to $500 M
馃搱 Standard
$
1999
/year
-
TIV up to $1 Billion
馃殌 Pro
$
4999
/year
-
TIV up to $5 Billion
Industry, brokers, insurers, and loss control providers connect more efficiently with RiskTools
Your Loss Control is costing time and causing headaches.
1. Eliminate Wasted Time
Stop wasting time entering info or sorting through endless notifications.
2. Remove Bottlenecks
Manage all contacts in one transparent structure.
3. Notify the Right People
Automatically notify the right people at the right time.
4. Communicate Effectiveley
Maintain an easy to use hierarchical structure, ensuring the right connections.
5. Zero-Trust Security
Access is passwordless and automatically removed when an employee leaves.
6. Speed Matters
Eliminate telephone games for fast and clear information flow.
7. Easy to Use
The easier it is to use, the more people will use it. We make it easy.
8. Demonstrate Compliance
Share access with insurers, or export data for offline reporting.
What is a Fire Protection Impairment?
Automatic fire protection equipment occasionally needs to be taken out of service. Usually, the outage is needed for maintenance or renovations, but unplanned events like frozen pipes or fire pump failure can also cause an outage. In each case, the fire protection system is considered impaired because it will not respond normally in the event of a fire. A fire protection impairment is a period of heightened risk that requires additional precautions and management.
Impacts on Safety and Reliability
National Fire Protection Association (NFPA) records show that automatic fire protection systems are critically important to safety and business continuity. In fires where an automatic extinguishing system worked, there were:
no record of more than two deaths in a building
87% fewer worker & civilian deaths
85% lower property and business interruption losses
Despite this, the single greatest cause of failure for automatic fire protection systems is simply that they were shut off, representing three out of five failures (59%) in NFPA data!
Despite this, the single greatest cause of failure for automatic fire protection systems is simply that they were shut off, representing three out of five failures (59%) in NFPA data!
Effortless Compliance
Because a fire protection impairment represents a heightened state of risk, many insurance providers require
policy holders to notify them when a fire protection system will be impaired and notify them again when it is
returned to service.
Save time, ensure impairments are tracked and communicated.
RiskTools allows for a reallocation of time spent doing more meaningful work across the entire team.
We're making Loss Control Fast and Simple
The RiskTools.ai Team combines 15 years of in-house loss prevention engineering expertise and with cybersecurity and software specialists to develop user-friendly and intuitive solutions for operations staff, insurance buyers, brokers, and underwriters, all while bringing an intense focus to the issues that matter.
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