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Case Studies

ICICI Lombard General Insurance is one of India’s leading private sector general insurance companies. The Company provides an array of comprehensive and well-diversified non-life insurance products and risk management solutions to secure customers and their family against unexpected and untoward events. It has a strong, diversified and seamless distribution channel both online and offline to serve the needs of its individual, corporate, MSMEs and government customers.

About the Company

An Edible oil manufacturing company located near a port in Andhra Pradesh, that is involved in the distribution, and branding of edible oils and specialty fats.

The company wanted to prevent property loss due to fire breakout.

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Recommendations from our team

Based on the physical site vist, the company was advised to:

  • Divide the industrial storage yard into hazard areas
  • Install sprinkler system in coal and husk storage area
  • Make a second gate available for emergency operations.
  • Install fire protection in server room.
  • Install smoke detectors in general stores.
  • Make a study on Lightning Arrestor
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Activities performed by the insured after the recommendations

The company implemented the following actions based on our recommendations:

  • Hazard Area Classification was introduced to the property.
  • A 2nd gate was opened for security reasons.
  • Basic fire protection system was introduced in the server room and non-industrial electrical fittings were installed in some of the stores.
  • A safety procedure document was drafted for the critical processes.

Outcome

There have been no losses reported due to fire over the last 2 years.

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