Fire Protection Engineering (FPE) plays a crucial role in risk management for both insurance and reinsurance sectors by providing strategies and solutions to reduce fire-related risks, improving underwriting precision, lowering claims severity, and ensuring regulatory compliance. By providing in-depth risk assessments and advanced fire safety solutions, fire engineers help insurers and reinsurers mitigate financial risks associated with fire events, resulting in safer operations for clients and more sustainable outcomes for the insurance sector.

Fire Protection Engineering is particularly valuable for high-risk industries such as manufacturing, energy, and real estate. For large-scale projects like power plants, factories, and high-rise buildings, detailed fire risk assessments and mitigation strategies are essential for reinsurers to confidently offer coverage. Comprehensive fire safety measures, supported by fire protection engineers, enhance the attractiveness of a risk to global reinsurers. This leads to broader access to capacity and better terms in reinsurance placements.