Natural disasters caused a staggering global economic loss of US$270 billion last year, with insured losses reaching US$111 billion. These numbers reflect a troubling trend, as insured losses have been rising by 5% to 7% annually over the past decade. Floods and other secondary risks accounted for over 70% of these insured losses, emphasizing the need for effective water damage mitigation strategies.

Water damage can originate from various sources, including broken appliances, burst pipes, and natural disasters like hurricanes and floods. The severity of water damage is categorized into three levels: Category 1 (clean water), Category 2 (grey water), and Category 3 (black water). Prompt and professional intervention is crucial in preventing the escalation from Category 1 to more severe levels, which pose greater health risks and structural damage.

Timely professional Water Damaged Restoration (WDR) services are vital in reducing financial losses. Immediate action can mitigate severe secondary damage, minimize reconstruction needs, and lower insurance claim expenses. Professional restoration companies like TDS Asia employ advanced techniques and equipment to efficiently dry out water-damaged structures, preserving valuable assets and reducing downtime.

Restorative Drying Techniques

Restorative drying is a highly effective process that aims to return materials to their original functional state. TDS Asia specializes in this technique, utilizing cutting-edge equipment to restore structural items, furniture, electromechanical equipment, and even valuable documents and artwork. This method is ideal for commercial and industrial spaces with intricate layouts.

Desiccant Dehumidification

Desiccant dehumidification is an energy-efficient way to remove moisture using materials that naturally absorb water. TDS employs desiccant-based dehumidifiers and high-velocity air blowers to accelerate the drying process. This technique is especially effective in industrial settings, ensuring swift and thorough moisture removal.

In the face of increasing natural disasters, insurance companies must leverage advanced restoration services to minimize water damage losses. By partnering with professional restoration firms like TDS Asia, insurers can enhance their efficiency, profitability, and resilience against future water-related incidents.

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This entry is part 8 of 25 in the series July 2024 - Insurance Times

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