This session was filmed at FSM Live London in March 2026. Russ Timpson discusses the critical need to properly define what a fire strategy actually is, arguing that the industry lacks clarity on this fundamental concept.
Russ explores how parametric insurance—driven by real-time building data from BMS systems, BIM, AI, and digital twins—will revolutionise fire safety management by making compliance financially incentivised rather than purely regulation-based.
He proposes that fire strategy should be defined as "a defined fire safety purpose with supporting doctrine, design and deliverables," emphasising that organisations must determine their risk appetite and understand that going beyond minimum building codes can reduce long-term operational costs and insurance premiums.