February 24, 2024

AXA UK points fireplace danger warning amidst £500,000 insurance coverage loss on electrical bikes and scooters

AXA UK has warned insurers of the rising fireplace dangers related to electrical bikes and scooters with lithium-ion batteries posing a big fireplace danger when broken, over-charged or uncovered to excessive temperatures.

This warning follows AXA overlaying virtually £500,000 of losses on two claims involving lithium battery fires. The agency expects the frequency and price of those fires are more likely to develop “exponentially” as electrical bikes and scooters turn out to be extra common.

AXA has claimed that latest knowledge exhibits that these fires are predominately occurring in residential buildings the place the related harm will be “devastating.”

Detailing one of many latest claims, AXA has stated it was the results of a defective e-scooter battery that was being charged within the kitchen of a ground-floor terrace flat. An explosion occurred and the fireplace unfold all through the house, extending to 2 tales above.

In response to those latest claims, AXA UK has beneficial electrical bike and scooter customers by no means depart batteries charging in a constructing that’s unattended or in a single day, to unplug or disconnect the battery as quickly as charging is full, and to make sure it’s charged on a tough floor the place warmth can disperse.

The insurer has additionally beneficial that electrical bike and scooter batteries ought to be monitored and assessed for harm (in addition to the charger) and for smoke alarms to be fitted the place charging takes place.

In addition to the fireplace dangers to residential properties, AXA has additionally highlighted potential fireplace dangers of exploding lithium batteries to business companies.

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These companies should guarantee they’ve put in place affordable precautions, assessment and replace present fireplace danger assessments, and particular fireplace extinguishers designed to be used on fires involving lithium batteries.

Warning insurers of the dangers posed by electrical bikes and scooters, Dougie Barnett, AXA Industrial director of buyer danger administration has stated, “Fireplace security ought to be the highest precedence on the subject of charging and storing electrical bikes and scooters.

“These types of transport have gotten more and more widespread because of the vary of advantages they supply, nonetheless, this makes it much more important that individuals perceive the dangers of storing them within the fallacious approach or utilizing broken batteries.”