Risk Survey

InRisk employees provide risk engineering survey reports in order to identify, analyze and asses risks.

Engineering inspection of industrial assets includes:

• Check the valuable interest of Insurer (interest policy)
• Risk factor identification
• Risk estimation by risk
• Appraisal of insured value of facilities
• Possible Maximum Loss (PML) estimation for each risk and for all risks of current asset including property damage and business interruption loss;
• Estimated maximum loss (EML) estimation based on the assumption that prevention and alarm mechanisms and systems are functional.
• Business interruption (BI) estimation.
• Third party liability (TPL) estimation.
• Working out written recommendations, which can minimize existing risks by taking preventive actions.
• Evaluation of effectiveness of currently selected by the operator methods of risk management.
• Building risk matrix for surveyed facilities and consolidated risk matrix for all facilities.

The asset analysis is done on the basis of Insurer documents and direct survey of the facilities, which are planned to be insured.

The report can be used as to manage risks by the asset operator as to discus the terms and conditions of the agreement between the insurance company and insurer.