Larry StokesUnderwriting Manager, Zurich Municipal

Chair Schools Working Group,

Arson Prevention Bureau

Academies

ALARM SE

London 6 June 2007

Academies

Introduction

Blair’s big idea

Opposition from - Politicians

- Unions

- Press

- Customers ?

Academies

80 built / refurbished / renamed by September 2007

200 by 2010

Now part of BSF programme

Insurance Issues

Insurance Issues

• Challenging environment

• Failing schools

• Budget pressures on build / facilities

• Size

Costs of Loss / Damage in Schools

National Costs - Fire Losses

1996 - 2006

0

20,000,00040,000,000

60,000,000

80,000,000100,000,000

120,000,000

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006

90,000 schoolchildren have education disrupted

80,000 families affected

320,000 people involved

PLUS

Resources diverted

Education disrupted

A Different Perspective …..

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Case Study – West London Academy

Sedum Roof

Case Study

Case Study

Natural ventilation – Security Issues

External fire issues plus MD

Sprinklers – weight of pipes if

lightweight construction

Sustainability – would this last?

Detect a fire

Extinguish or control the fire

Raise the alarm

What Can Sprinklers Offer ?

Pricing Challenges

High Risk

High EML

Unknown risk management

Limited risk appetite

Pricing Challenges (Continued)

DfES paying premiums (for now)

No sprinkler agenda

Modern methods of construction

Sustainability agenda

Claims - Higher EducationSouthampton University – 2005 £80m - £100m

BSF

England’s Secondary Schools - £2.5Bn spend p.a. planned

3500 Secondaries

50% rebuild, 35% refurb, 15% remodelled

‘High quality, sustainable design’

48 LEAs in waves 1-4 (out of 150)

22 LEAs in waves 5-6

8 deals between LEA and LEP

The Future

Pupil numbers down

400 Academies planned

Federations - showing good practice

LEA role changing

The Future

Continue individual cover

Buy-in to LEA schemes

Government indemnity

Part of Local Education Partnership