In 2018, ARPC submitted a proposal to peak standards development body, Standards Australia, for the development of a handbook to support proactive risk management of large-scale infrastructure (commercial buildings).
Over the course of the last three years, ARPC has worked closely with Standards Australia and the drafting committee to develop the content of the Handbook. ARPC recently worked with experts in the field of protective security to submit recommendations to the committee to enhance the Handbook to a best practice document. These recommended revisions to the original draft have been accepted by the committee and the Handbook will continue to be progressed to publication.
The Handbook, which is anticipated to be released in mid 2021, will provide guidance to owners and operators of commercial buildings on identifying and assessing relevant sources of building risk associated with terrorism and other deliberate acts of extreme violence (such as civil commotion), and implementing suitable controls to mitigate such risk.
Upon its publication, ARPC will undertake a series of market presentations and seminars to promote industry integration of the recommendations contained within the Handbook.
Australian Reinsurance Pool Corporation (ARPC) is a corporate Commonwealth entity within the Treasury portfolio, established under the Terrorism Insurance Act 2003 to administer Australia’s Terrorism Reinsurance Scheme following the withdrawal of terrorism cover by insurance companies after the 11 September, 2001 terrorist attacks in New York. As a public financial corporation, ARPC is part of the financial assistance and economic recovery phase of the Australian Government’s National Counter-Terrorism Plan.
ARPC supports and promotes terrorism risk mitigation through development of thought leadership research and insights, events featuring experts, support for relevant programs run by other organisations, as well as through our own initiatives. ARPC is globally connected through The International Forum for Terrorism Risk (re) Insurance Pools (IFTRIP), where experience, ideas and best practice are shared.
For more information about ARPC and Australia’s Terrorism Reinsurance Scheme, please visit https://arpc.gov.au/what-we-do/the-scheme/.
For more information about Standards Australia, the nation’s peak non-government, not-for-profit standards organisation, please visit https://www.standards.org.au/.