Risk and Dilapidation Surveys

Ø Each risk assessment survey is different, and for each assignment we agree with you the scope of work, which can be for a single facility or an entire asset. We generally provide these services for proposed or existing insurance arrangements, offering participants to the insurance contract a realistic and clearly communicated view of the assets at risk. Our work can include:

• A physical risk survey to identify assets and their exposure to natural and man-made risks, along with recommendations for improvement
  

• Analyzing the condition of facilities and the effectiveness of maintenance programmed.
  

• Developing and calculating Estimated, Probable or Possible Maximum Loss (EML/PML) scenarios
  

• Analyzing business interruption exposure

• Assessing the values at risk by desktop research and attendance on site, where needed. We often combine a valuation with a full risk assessment survey to produce a thorough understanding of the risk to be underwritten
  

• Dilapidation/Pre-Condition surveys for construction risk, liaising with third party properties owners in assessing condition of their property and acknowledgment of the same

For major projects, at the insurance placement stage, we provide bespoke procedures and protocols to facilitate the claims process.

RISK INSPECTION