Mon Dieu!

Not to detract from the historical tragedy of the devastating fire in the beautiful and iconic 856-year-old Notre-Dame de Paris but, as an insurance broker, after hearing that the fault may lie with the contractors doing renovations I couldn't help but wonder what they had for insurance and who was the provider. 

Apparently, there is cause to believe that workers may have accidentally started this horrible fire which wiped out the historical wooden structure portion of the world renowned church, with possible heat damage to other portions of the structure. 

If contractors did, indeed, cause the blaze, insurer AXA is on the hook for what will be a monumental payout, not that all the money in France will ever be enough to bring back a building that was almost 1000 years old.  Yes, it seems that it can be rebuilt and many are pitching in millions to help the cause, but a tragedy like this could spell the end of existence to a company that has to absorb the claim for loss that may result.

It will be small solace to the worker(s) who may have been responsible but at least they have some coverage, and they know that almost everyone who has a connection to the church vows that they will have it rebuilt, no matter the cost!