Minimize risk through risk management and property loss control solutions
The unexpected loss of critical production equipment, utilities and electrical equipment can cripple any company’s productivity. This continues to be a major expense to insurance programs and/or is absorbed as an operating cost.
In fact, major insurance providers have cited Boiler & Machinery (B&M) losses at two times that of fire property programs. Property damage, environmental harm, and long replacement time for key mechanical components can quickly put a company out of business. Therefore, an organization's continued success relies on programs established to ensure equipment reliability and prevent failure.
At TÜV SÜD Global Risk Consultants (GRC), we believe that the first step in building a sound B&M engineering program is to tailor the program to meet the needs of our clients. TÜV SÜD GRC provides the appropriate tools to monitor exposures that can significantly reduce the potential for loss. Ultimately, the preventive programs put in place to minimize exposures are collaborative to an overall B&M loss prevention program.
TÜV SÜD GRC helps companies avert the potential for catastrophic equipment failures, while increasing operational efficiency. Utilizing state-of-the-art equipment to provide effective services worldwide, we can reduce key machinery downtime and minimize equipment damage.
Boiler and Machinery (B&M) Engineering services ensure that your equipment complies with mechanical codes and safety requirements. It includes repair assessments, incident investigations, evaluation of maintenance programs and analyses of facilities production, process operations and utility systems.
The unexpected loss of critical production machinery, utilities and electrical equipment can cripple productivity. These losses represent a major expense to insurance programs that is typically absorbed as an operating cost. Property damage and the considerable time required to replace key mechanical components can quickly put a company out of business. Therefore, it is important to establish a reliable program that ensures equipment reliability and prevents failure.
Our services enable your organisation to achieve its specific loss prevention goals and objectives. We support you in developing action plans to control losses and avoid breakdowns, while enabling you to identify, track and trend specific mechanical concerns. In addition to concentrating your resources on critical needs, we identify ways to improve operational efficiencies.
White paper outlines assessing & mitigating boiler and machinery risk
We provide credible B&M loss potential estimates for insurance underwriting purposes based on accepted definitions.
Select Your Location
Bosnia and Herzegovina