Loss Control’s Property & Machinery Services team provides an objective assessment of a member's assets, evaluates existing policies and procedures and identifies and mitigates exposure to risk.
Conducted by experienced Loss Control professionals, our Risk Assessments offer a comprehensive, data-driven approach to assessing property and machinery risks and provide suggestions on how to improve outcomes.
- Property Risk Assessments provide an evaluation of operational and risk profiles, including details of site characteristics, hazards, loss control programs, fire protection features and loss estimate assessments, including Probable Maximum Loss (PML) and Maximum Foreseeable Loss (MFL).
- Machinery Risk Assessments involve reviewing critical facility equipment, operational history, operational procedures, maintenance programs, supervisory controls, protective systems and loss estimate evaluations, including Probable Maximum Loss (PML) and Maximum Foreseeable Loss (MFL).
- Builders Risk Assessments provide a comprehensive review of project technology, construction, schedule and status, equipment transport, storage and lifting, management practices, fire protection features, turnover and start-up procedures, exposure to hazards and loss estimate evaluations.