FMEA (Failure Mode and Effects Analysis — acronym)
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
~2 min read
Reviewed by Apex Insurance Brokers · Last reviewed 2026-06-22
Category: Risk identification & assessment · Reviewed by Chrissie Anderson, Client Executive · Last reviewed
FMEA
FMEA is the standard acronym for Failure Mode and Effects Analysis. Common related acronyms:
FMECA — Failure Mode, Effects and Criticality Analysis.
DFMEA — Design FMEA.
PFMEA — Process FMEA.
RPN — Risk Priority Number (Severity × Occurrence × Detection).
AP — Action Priority (replacing RPN in the 2019 AIAG-VDA harmonised standard).
AIAG-VDA harmonisation
In short: In 2019 the Automotive Industry Action Group (US) and Verband der Automobilindustrie (Germany) published a harmonised FMEA standard that replaced the multiplicative RPN with an Action Priority logic tree, designed to remove the well-documented anomalies in RPN scoring (different combinations producing the same RPN despite very different criticalities).
Our service promise. We acknowledge every quote request the same working day. For straightforward risks, indicative terms typically follow within five working days. Complex risks — higher-risk buildings, cladding, mid-term proposals requiring fresh underwriting — may take longer; we’ll send you a progress note by the end of the fifth working day in those cases.