Fireproofing polyolefin nanocomposite for the application of power distributing panel was prepared by compounding linear low density polyethylene(LLDPE), decabromodiphenyl oxide (DBDPO), Sb2O3 as flame retardant agents, and modified nano clay as filler. The optimized formulation ratio of compounds to prepare the fireproofing polyolefin nanocomposite was obtained. The flame retardant properties for nanocomposite prepared by compounding 22.5 phr of nano clay and 18 phr of DBDPO based on 100 phr of LLDPE were shown that the combustion time. 10~18 s, combustion distance, 12~15 mm and non-melt dropping characteristics. In particular. the content of DBDPO in nanocomposite could be decreased to 18 phr from 40 phr DBDPO for fireproofing composite containing 30 phr of clay. The electrical properties measured from tracking test, had an excellent antitracking properties by not showing the phenomenon of leakage current and sparking.