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Larry Stokes Underwriting 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.
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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 • Challenging environment • Failing schools • Budget pressures on build / facilities • Size
Costs of Loss / Damage in Schools National Costs - Fire Losses 1996 - 2006
A Different Perspective ….. 90,000 schoolchildren have education disrupted 80,000 families affected 320,000 people involved PLUS Resources diverted Education disrupted
Natural ventilation – Security Issues • External fire issues plus MD • Sprinklers – weight of pipes if lightweight construction • Sustainability – would this last?
What Can Sprinklers Offer ? • Detect a fire • Extinguish or control the fire • Raise the alarm
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