12/11/2019
Product & Services :
RISK ENGINEERING SURVEY
Our risk engineering survey team will provide solutions to minimize or eliminate losses that might occur in:
Property: Personal, Commercial, Industrial, Business Interruption
Engineering: Construction, Er****on, Machinery Breakdown, Machinery Loss Of Profit, Electronic Equipment, Heavy Equipment, Deterioration, Construction Plant Machinery, Civil Engineering Completed Risk
Marine, Aviation: Hull, Cargo, Builder’s Risk
Energy: Oil, Gas And Petrochemical Onshore/ Offshore
Up Stream : Exploration & Development, Production
Middle Stream : Shipping, refining & Blending, Storage
Down Stream (Distribution, Pump Oil / Gas Station)
Power Plant: Generation, Transmission, Distribution
Plantation
Liability
WORKSHOP & CONSULTANT
We will help to increase knowledge and experience sharing of Underwriters and claim handlers by:
Workshop
Risk Survey, Valuation and Risk Assessment
Enterprise Risk Management
Health and Safety Environment
General Insurance Coverage
Consultant
Operational Risk Analysis
Safety Analysis and Concepts
Business Interruption
Business Continuity Planning
Underwriting and claim Technical Support
DIGITAL ENTERPRISE RISK MANAGEMENT
Our Digital ERM is designed to help management and the board of directors answer business questions as follows:
What are the risks to business strategy and operations (coverage)?
How much risk will be taken (risk appetite)?
How do we manage risk taking (culture, governance and policy)?
How do we capture the information we need to manage this risk (risk data and infrastructure)?
How do we control risk (control environment)?
How do we know the size of various risks (measurement and evaluation)?
What should we do about this risk (response)?
What things might hinder the company's business processes (stress testing)?
How are these risks interrelated (stress testing)?
VALUATION
Our Valuation services are commonly required for one of the two following reasons of Insurance valuation:
To determine the amount of insurance required for the purpose of establishing insurance cover (i.e. to assist in assessing declared value or sums insured).
To determine the sum to be paid following loss or damage as a result of an insured peril.
Our Valuation Engineer is to advise:
The reinstatement cost estimate and/or indemnity value estimate of the assets for insurance purposes at the date of valuation.
Valuations for insurance purposes are a specialized area of valuation practice requiring in-depth experience and knowledge of insurance and the particular property or item of plant and equipment
