Cash Assurances: risk management in an industrial environment

October 12, 2023

Cash AssurancesCash Assurances has organized a seminar on 4 October 2023 in Constantine, Algeria, entitled "Insurance as a risk management tool".

The meeting was an opportunity for speakers to emphasize the importance of insurance coverage in industrial environments.

The discussions also addressed fire/explosion risk prevention in companies, operational risk insurance and the cost of property insurance.

According to Laguer Djamel Eddine, Regional Director of Cash Assurances, 40% of industrial fires are caused by malicious acts, 15% by smokers, 15% by industrial processes, 15% by electrical equipment and 15% by hot work operations.


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