Ensure equipment reliability and mitigate property and safety risks
Ensure equipment reliability and mitigate property and safety risks
Machinery breakdowns can severely disrupt operations and product quality. To mitigate this, companies should:
The goal of Boiler & Machinery (B&M) Engineering is to catch early-stage issues before they escalate into costly failures. B&M Engineering helps operations and maintenance teams refocus and better consider the possibilities for low-frequency, high-impact events. B&M risk consultants assess machinery breakdown exposures and provide recommendations to mitigate or control the risks.
Clients say that Global Risk Consultants boiler & machinery risk engineers are incredibly knowledgeable and provide first-rate service. In a recent client survey:
Boiler explosions and the force they produce can be catastrophic. According to the National Board of Boiler and Pressure Vessel Inspections, even a home hot water tank, if overheated, can send a car flying 14 stories at 85 miles per hour. Larger, jurisdictional boilers and pressure vessels can produce forces of even greater strength.
In the power industry, up to 67% of insurance claims are linked to B&M risks—highlighting the importance of understanding and managing these hazards.
GRC offers tailored assessments for:
Our global experts adapt services to each business’s safety, regulatory, and operational needs.
Boiler and machinery failures can cause catastrophic damage, severe injuries, and costly downtime. Proactive engineering services are essential to protect people, assets, and business continuity. Key reasons include:
We analyze facilities’ production, process operations and utility systems to identify and quantify loss exposures. For every site visit, we deliver a loss prevention report with loss estimates and underwriting information. The valuable data belongs to the client and is available in our recommendation dashboards on GRC Connect. Using this data, you can choose the right insurance and risk programs for you.
We provide on-site evaluation of preventive and predictive maintenance programs (such as vibration monitoring, infrared imagery, mechanical and dielectric oil analysis programs, etc.). We also provide on-site evaluations of critical (bottleneck) utility equipment (electrical, cooling and refrigeration, natural gas supplies, etc.), spare part management programs, contingency plans, etc.
We support your needs with a combination of specialized loss control engineers and our jurisdictional services group. Our experts implement industry-specific mechanical Integrity programs and assist with OSHA Process Safety requirements.
Our B&M Engineering program concentrates on the preventive and predictive aspects of pressure vessels and evaluation of original thickness and operating criteria, non-destructive test methods, frequency of inspection, results and operating life expectancy. Mechanical integrity and code compliance are additional services that we have the capacity to offer as needed.
In addition to inspection services, we offer a variety of in-person and online training opportunities designed to help businesses mitigate risks and stay up to date on the latest techniques, regulations, and more.
Boiler and machinery engineering services focus on ensuring the safe, efficient, and compliant operation of boilers and pressure vessels – as well as mechanical, electrical and production machinery assets.
Boiler engineering services are specialized risk engineering solutions that help facilities leaders manage the operational, safety, and compliance risks associated with boilers, mechanical, electrical, and production machinery. These services are critical for extending equipment life while protecting people and assets.
Boiler and machinery insurance—also known as equipment breakdown insurance—covers financial losses resulting from the sudden breakdown of boilers, pressure vessels, turbines, or other critical equipment. It helps businesses recover from repair costs, property damage, and business interruption caused by equipment failures.
B&M engineering services are vital because they prevent catastrophic failures, reduce the risk of injuries, and minimize operational disruptions. Even minor malfunctions can impact production quality, while major failures can cause explosions or extended shutdowns. Proactive engineering also improves insurance outcomes by showing underwriters that risks are identified and managed.
A boiler consultant provides expert guidance on operation, safety, and maintenance of boilers and other mechanical equipment. They perform inspections, evaluate protection systems, recommend spare parts strategies, and train staff to reduce human error. Their role is to help organizations prevent costly breakdowns, extend equipment life, and maintain compliance with safety standards and regulations.
Learn about the consequences & simple ways protect against machinery breakdown.
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Explore the differences in our handy infographic
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