Risk Engineering - property business

A multiperil approach: property damage and business interruption

Current economic conditions and just-in-time inventory management have made even a small
fire much more important than it would have been in the past. Such events can trigger serious damage and business interruption losses, especially when the event occurs at a key location in client facility.

A business income loss, whether insured or not, can weaken clients organization's ability to
provide reliable product flow to their clients. Even with insurance, the loss to their brand image
can far exceed their recoverable loss. Prevention and protection programs will protect not only client tangible assets (products, movable and immovable property, equipment) but also client intangible assets (brand image, reputation).

The AXA Corporate Solutions engineers specialized in Property Damage and Business Interruption, have as a main objective to help clients to reduce their loss frequency and severity by optimizing loss prevention and protection on their facilities.

They visit the premises of clients to identify critical risks in their organization and production line
in order to:

Determine vulnerabilities and assess the impact of large losses on the overall workings of the operations

Ensure the protection program complies with regulations

Identify risks relating to inter-linked internal and external components

Determine critical points in the production cycle

Elaborate CAD diagrams for all industrial facilities.

By identifying loss scenarios that may jeopardize the continuous functioning of the production and distribution chains, they can:

Propose methods to reduce exposures

And draw up the specifications for an effective prevention Program.