For industrial facilities, fire is not just a physical threat; it represents a major disaster that brings with it numerous risks, including loss of life, severe financial damage, production interruptions, and rising insurance costs. Therefore, it is crucial that the equipment used to fight fires is not only compliant with standards but also secured through international certifications.
According to data released by the Istanbul Fire Department in 2024, nearly 3,000 fires occurred in commercial buildings such as warehouses, workplaces, and factories. Most of these fires stemmed from preventable causes, such as improper use of heat sources and mechanical failures. Similarly, according to the National Fire Protection Association (NFPA) in the United States, structural fires affecting only industrial facilities have resulted in over $1.3 billion in direct annual economic losses. These fires cause serious casualties and workforce disruptions, leading to long-term operational halts—clearly demonstrating that fire safety is not an issue to be overlooked.
Moreover, fires not only cause physical damage but also lead to financial losses and increased insurance costs. When determining premium rates, insurance companies assess the risk profile of industrial facilities based on their fire safety infrastructure. At this point, UL/FM certified fire pumps offer both safety and cost advantages. The use of these systems in facilities can help reduce insurance risk premiums by 10 to 30 percent.
The growing need for fire safety in industrial facilities aligns with the rapid expansion of the global fire insurance market. As of 2024, the market has reached a size of $96.16 billion, and it is expected to grow to $262.17 billion by 2034. The most notable growth is occurring within the industrial property insurance segment. With increasing automation, higher energy consumption, and the escalating impact of the climate crisis, the need for insurance and safety in industrial facilities has become more critical than ever.
UL/FM Certified Pumps Enhance Safety and Reduce Insurance Risk Premiums
UL/FM certifications represent the highest standard of safety in fire pumps, confirming that these systems have undergone rigorous, globally recognized testing and comply with fire protection standards. Systems holding these certifications guarantee that pumps will start on time during a fire, deliver the required water flow and pressure, and operate safely even under heavy-duty conditions.
These certifications signify not only technical reliability but also financial benefits. UL/FM-certified systems minimize insurance risk premiums and enable facilities to obtain insurance policies with higher coverage limits and broader protection. As a result, businesses can achieve significant reductions in insurance premiums.
“Fire safety is an integral part of corporate sustainability”
Commenting on the issue, Masdaf CEO Erhan Özdemir stated:
“Fire safety is not just a regulatory requirement but an integral part of corporate sustainability. Unfortunately, fire risks in industrial facilities still do not receive the attention they deserve. Yet this risk threatens not only production but also human life, the environment, and brand reputation. The rapid growth of the global fire insurance market clearly demonstrates how critical fire risk has become worldwide.
Today, insurance solutions are evolving not only to compensate for losses but also to reward preventive measures taken before a risk occurs. UL/FM-certified systems are classified as low-risk by insurance companies, offering premium advantages, while also enabling facilities to be insured at higher values with broader coverage.”
Emphasizing that it is crucial not only to install a system but also to maintain its reliability, Özdemir added: “Periodic inspections, testing, and regular maintenance are key to ensuring that the system operates correctly in the event of a fire. At Masdaf, we don’t just manufacture fire pumps — we stand by businesses with technical support and maintenance services that ensure these systems operate safely under all conditions.
As the first and only local manufacturer in Turkey offering UL/FM certified fire pumps, we have been raising quality standards in this field for years. These systems not only provide maximum on-site safety but also reduce insurance costs and help businesses gain financial advantages through higher-value coverage.”
