About the Service
Risk engineering services provide a comprehensive, risk-based assessment of assets to be insured, recommendations for improving risk quality, and the development of business continuity plans. Specialized risk engineers conduct on-site surveys, identify external and hidden threats, review protection measures and emergency response systems, and model potential loss scenarios, including maximum possible loss estimates. The resulting detailed report provides recommendations ranging from technical equipment upgrades to organizational risk mitigation measures. Risk engineering reports, agreed risk improvement plans, and business continuity plans help optimize insurance terms and strengthen business resilience.
Scope of services:
1. Engineering risk assessment- On-site inspections
- Identification of threats and review of response measures
- Interviews with responsible personnel in key operational areas
- Analysis of operations, risks, and mitigation measures
- Development of recommendations based on the assessment
- Property damage and machinery breakdown
- Business interruption
- Construction and erection works
