Electrical Safety Certification for electrical components

Electrical Protection to Reduce Risk Exposure

Download the Free Guide: Reducing Risk Exposure with Electrical Protection to Enhance Electrical Risk Management

Download the Free Guide: Reducing Risk Exposure with Electrical Protection to Enhance Electrical Risk Management

 

Electrical protection has become increasingly critical for organizations of all types. Electrical failures are a leading cause of industrial fires—and the consequences go far beyond downtime. From damaged equipment and lost productivity to rising insurance claims, unmanaged electrical risks, such as aging electrical infrastructure, can derail operations and drive up costs. 

The U.S. Fire Administration reported an 8% increase in financial losses from electrical malfunctions between 2013 and 2022.

U.S. Fire Administration

 

This essential guide reveals how a predictive, preventative approach to electrical protection can transform your risk profile. Whether you manage a single site or a global portfolio, this guide helps you build a safer, smarter electrical risk management strategy to protect assets and impress underwriters. 

Why Read our Electrical Protection Guide? 

  • Learn how predictive maintenance tools like infrared thermography and arc flash analysis identify electrical risks before they lead to catastrophic failures. 
  • Discover how electrical protection training helps reduce human error and supports compliance with NFPA 70E and IEEE 1584. 
  • Explore how bundling services like arc flash, infrared thermography, and electrical safety training strengthens your position with underwriters and reduces risk exposure. 
  • See real-world case studies highlighting the ROI of early detection and electrical protection efforts.

Between 2017 and 2021, U.S. fire departments responded to over 8,000 industrial and manufacturing structure fires annually, causing nearly $1 billion in property damage each year.

National Fire Protection Association, 2023

 

Frequently Asked Questions 

  • 1. Who is this guide for?

    Risk managers, property insurance brokers, property insurance carriers, facilities leaders, maintenance managers, finance leaders, and others who oversee electrical risk management systems and want to strengthen safety and insurance outcomes.

  • 2. How will this guide help streamline insurance renewals?

    Facilities with documented risk mitigation strategies—including predictive maintenance and compliance with NFPA/IEEE standards—present a lower risk to insurers. This can mean better coverage, reduced premiums, and smoother renewals. 

  • 3. Does the information apply to multi-site operations?

    Absolutely. The guide includes strategies for organizations managing global portfolios or plants acquired through M&A, where electrical risk levels may vary. 

  • 4. What makes Global Risk Consultants different?

    GRC pioneered unbundled, independent risk engineering. Our Electrical Protection Services reports help clients own their risk data, demonstrate risk transparency to underwriters, and reduce costly surprises before they happen. 

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