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Webinar: 5 must-haves for digital safety

Reducing organisational burden of the Building Safety Act

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Reducing the Building Safety Act’s organisational burden

2022’s Building Safety Act presents unprecedented legal changes affecting the residential property market and places new and far-reaching obligations, and with that a large number of burdens and document-keeping, on businesses. This webinar looked at how technology and new developments can reduce this burden and help the Accountable Person gain more control, peace of mind and visibility.

, Senior Director at , covered these points during the webinar:

Why is technology so integral to the successful application of the Building Safety Act 2022?

The Building Safety Act 2022 (and the subsequent secondary regulations) requires 鈥淎ccountable Persons鈥 and 鈥淧rincipal Accountable Persons鈥 in respect of HRBs to give prescribed information to:

  • the regulator,
  • other accountable persons,
  • residents,
  • other owners and
  • other 鈥減rescribed persons鈥

In a manner and form which will be prescribed by regulations鈥 digital-first approach.

Additionally, the Act (and subsequent secondary regulations) will require 鈥淎ccountable Persons and 鈥淧rincipal Accountable Persons鈥 to:

  • Verify,
  • Secure,
  • Store,
  • Keep up to date, and
  • Share

Relevant and proportionate information on Building Safety.

 

The Golden Thread and technology

The golden thread covers all documentation through

  • design,
  • construction,
  • occupation,
  • Refurbishment, and
  • ongoing management of a building

It鈥檚 not just about the documents. It鈥檚 also about the information management processes and systems or platforms used to support building safety.

 

The Building Safety Case and technology

The safety case is all the information you will use to manage:

  • the risk of fire spread
  • the structural safety of your building

Some of this information will show how you are:

  • preventing fire spread and structural failure in your building
  • limiting their consequences

 

Safety Case Report

The safety case report is a narrative document that summarises your safety case.聽It identifies your building鈥檚 major fire and structural hazards. And it shows how you are managing the risks as far as you can.

The report should give the reader confidence that you:

  • have identified your building鈥檚 major fire and structural risks
  • are managing and controlling them

 

Accountable Persons and Compliance Reporting

It鈥檚 about:

  • Proving you know your assets
  • Proving you are acting鈥nd acting promptly
  • Proving you have the right documents and information
  • Proving you are managing safety
  • Proving you are manging occurrences and complaints
  • Proving your claims of 鈥渟afety鈥

To the Regulator, Other AP鈥檚, Residents and Other Relevant Parties.

 

Technology can help reduce building insurance premiums

We鈥檝e been working with a select group of insurance brokers to support our clients. It鈥檚 about telling an advantageous story:

  • Proving your claims of safety
  • Ability to demonstrate an effective management regime
  • Ability to be:
    • aware of the actual (rather than perceived) risks
    • to show effective and prompt remediation of issues
    • to show and demonstrate effective levels and quality of management regime in place

Technology platforms can therefore provide that story.

It's about having the evidence.

鈥t鈥檚 about having the EVIDENCE.

 

Wouldn鈥檛 it be great if you could demonstrate your Safety Management System and your Risk Management Performance for your building to your insurers?聽We have been working with several clients on supporting their risk management position:

 

Case Study 鈥 The O2

鈥溾ith QUOODA庐 enterprise software and the dedicated support team, we estimate that we saved over 拢114,000 this year solely on our insurance premiums.

Even better 鈥 we spent far less time reaching our compliance goals thanks to QUOODA庐 ensuring we were aware of what needed to be prioritised.鈥

 

Step Pathway to Compliance

Step 1

Audit to Create Gap Analysis:

  • Determine who is responsible/accountable
  • Determine what technology you have and/or require to meet long term needs and are you ready
  • Determine what information you have, who has it and where it is
  • Determine what additional activities are needed to complete the pathway to compliance (safety case, engagement strategy, management systems etc.)

 

Step 2

Devise short term plan to address BSB gaps:

  • Technology solution and integration
  • Resource requirements
  • Security
  • Changes to organisation

 

Step 3

Plug those gaps:

  • Technology
  • Information
  • Integration
  • Management system
  • Accountabilities
  • New roles
  • New activities
Technology is capable of accelerating pathways to compliance.

In summary, technology is capable of accelerating pathways to compliance.

  • QUOODA can support you with the Golden Thread
  • QUOODA can support you with the Build Safety Case
  • QUOODA can help you provide you provide evidence of compliance and risk management that could result in reduce premiums

 

Learn more or book a demo:

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