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Insurance Rewards for Managing Security Risks<br />

*For far too long, security has<br />

been seen as a grudge<br />

purchase, in the main due to<br />

a lack of transparency in the<br />

industry and an inability to<br />

communicate to C-Level<br />

decision-makers what they’re<br />

receiving in return for their<br />

monetary investment in<br />

security measures. With<br />

SABRE, we’re seeking to<br />

shine a light on security.<br />

We’re providing a robust and<br />

consistent means by which<br />

organisations can measure<br />

performance and, in doing so,<br />

facilitating improvement and<br />

better value for money<br />

We’re at the start of a long<br />

journey, but we have a great<br />

opportunity to deliver better<br />

outcomes and reduced costs<br />

and stimulate innovation<br />

Insurers, insurance brokers<br />

and building owners<br />

interested in finding out more<br />

about SABRE should access<br />

the SABRE website<br />

(www.bre.co.uk/sabre) or<br />

contact BRE Global via e-mail<br />

at: SABRE@bre.co.uk<br />

security, employ competent persons at critical<br />

intervals, monitor and evaluate ongoing<br />

performance and actively seek to continually<br />

improve their performance levels.<br />

These are the attributes seen in management<br />

systems which, for many years now, have been<br />

used to deliver quality, sustainability and<br />

Health and Safety. Furthermore, organisations<br />

are increasingly seeking third party certification<br />

to such systems in order to communicate their<br />

performance in these areas.<br />

Using these observations, the BRE Trust<br />

funded a research project designed to assess<br />

the feasibility of developing a security risk<br />

management standard for the built<br />

environment. More specifically, a standard that<br />

can be used to improve security performance,<br />

communicate security credentials to interested<br />

parties, reduce procurement risk and,<br />

ultimately, award an independent certification<br />

of an organisation’s approach towards security.<br />

The standard would need to respond to the<br />

requirements of different stakeholders at the<br />

various stages of a built asset’s procurement<br />

and use, while at the same time recognising<br />

that the familiarity of organisations with risk<br />

management and management systems can<br />

vary quite substantially.<br />

Development of SABRE<br />

That research resulted in the development of<br />

SABRE which is assessor-led and can be readily<br />

applied to either new or existing facilities.<br />

Successful assessments result in third party<br />

certification that’s recognised around the world.<br />

The SABRE assessment process is led by an<br />

independent SABRE assessor whose role is<br />

essentially two-fold. First, they’ll verify<br />

evidence against each of the 70 technical<br />

issues covered by the scheme. Second, they<br />

will undertake a scenario-based assessment of<br />

current security risks based on the specific<br />

attributes of a facility and its security.<br />

The SABRE assessor will determine the<br />

assessment score and the corresponding star<br />

rating, with one star indicating an ‘Acceptable’<br />

rating and five stars highlighting an<br />

‘Outstanding’ score. If a given facility doesn’t<br />

achieve the SABRE scheme’s minimum<br />

standards, it will receive an ‘Unclassified’ rating<br />

and not be eligible for certification.<br />

In essence, these ratings provide insurers<br />

with the ability to compare their customers’<br />

“Following in the footsteps of BREEAM, the BRE’s highly<br />

successful standard for sustainability, SABRE is assessorled<br />

and can be applied to either new or existing facilities”<br />

capabilities and commitments around security<br />

and risk management. In addition to insurance<br />

considerations, it can also be used within an<br />

organisation to better understand priorities for<br />

investment and identify improvement<br />

opportunities across a portfolio of built assets.<br />

The assessment of security risks will<br />

highlight areas of vulnerability that should be<br />

prioritised for investment and, equally so, those<br />

areas where resources are potentially being<br />

wasted and where existing or planned security<br />

control offers poor cost benefit ratios.<br />

By adopting a security-minded approach<br />

towards planning and design, security risks can<br />

be removed or reduced at lower cost using<br />

integrated solutions. SABRE also recognises<br />

and rewards the implementation of information<br />

security controls that protect information<br />

relating to a project and its security. This is an<br />

increasingly important issue given the rapid<br />

adoption of Building Information Modelling and<br />

the increasing cyber threat.<br />

Once a facility is occupied there are<br />

significant opportunities to mitigate security<br />

risks, even without further capital expenditure<br />

on physical security. SABRE provides those<br />

responsible for building and facility security<br />

with a robust security risk management system<br />

template, allowing measurement and<br />

benchmarking of current performance and the<br />

ability to demonstrate continual improvement.<br />

Successful piloting<br />

SABRE completed successful piloting and was<br />

launched last December. Early adopters have<br />

already welcomed SABRE, recognising the<br />

benefits that a structured, risk-based approach<br />

brings to security, in turn supporting design<br />

quality and facilitating innovation.<br />

Kevin Gausden, senior consultant at Arup,<br />

explained: “We pride ourselves on providing<br />

our clients with an holistic, whole-life security<br />

and resilience consulting service. This new<br />

SABRE certification means that we can offer our<br />

clients greater transparency on spending and<br />

reinforces the need for a structured, risk-based<br />

approach to security. It affords our clients<br />

further confidence, allows us to continually<br />

adapt and provide innovative technologies and<br />

solutions and absolutely reinforces the need for<br />

early consideration of security issues.”<br />

The BRE has initiated discussions with<br />

property insurers to explain how SABRE<br />

certification can be used as a robust and<br />

consistent indicator for informing risk-based<br />

pricing. With a view towards increasing the<br />

overall uptake of SABRE and allowing for its<br />

global delivery, the scheme will be delivered by<br />

registered assessors.<br />

46<br />

www.risk-uk.com

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