Loss Prevention

Digitalize Your Loss Prevention Activities

Loss prevention work involves, among other things, the inspection of important facilities (buildings, plants, factories, warehouses, etc.) followed by operational recommendations to minimize the impact of unwanted incidents such as fire, power outages, or natural disasters. This is often a mandatory requirement from the insurer.

Common activities within loss prevention work include: registration of facilities, ownership, responsibility, classification, requirements management, document management, inspections, surveys, recommendations, and risk management.

By internally controlling this work and data, an important level of independence is achieved.

This puts you in a position where you have the freedom to choose who you work with, for example, insurers, reinsurers, risk engineers, claims adjusters, or claims handlers. All these parties can be invited to work in your database. For instance, external risk engineers can be invited to report inspections directly in your system.

Structure and Follow-up

Gather all information in a structured way. A common platform provides consistent handling and creates opportunities to compare and grade information without manual intervention.

Create reports that show development and trends based on a natural version history.

Clear processes and built-in notification functionality allow recommendations to become a natural part of daily work.

iFACTS software is designed to internally control and manage all aspects of the loss prevention work on the path towards increased independence and freedom of choice.