RISCAuthority Large Loss Database: A Valuable Resource for Fire Safety and Prevention

This paper provides an overview of the RISCAuthority Large Loss Database, its importance to the property claims sector, and the vital role loss adjusters play in supporting accurate and meaningful loss data. It explores the launch of the new simplified and improved version of the database, which makes submissions more straightforward while capturing the information most valuable to insurers.

Included is a practical flowchart to help adjusters understand when a loss should be submitted, supporting greater consistency and completeness in reporting. By improving the quality of data available to the industry, the database helps inform research and fire safety practices, and ultimately support better outcomes for policyholders through improved resilience and loss prevention.