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Global Risk Consultants

The worldwide leader in property risk engineering.
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Who are Global Risk Consultants?

Global Risk Consultants (GRC) from TÜV SÜD is the worldwide leader in property risk engineering. Risk management engineering is the process of identifying problems that could lead to property damage, accidents, and downtime. GRC risk management engineers identify processes that need improving, assess machinery and equipment breakdown, and determine a facility’s ability to withstand perils such as fire, natural disasters, chemical spills, human error, and other accidents.

We help the world’s most successful businesses reduce risk exposure and make more strategic risk engineering decisions. We develop world-class risk protection solutions by understanding the intricacies of your business and developing deep relationships with your team. We specifically customise our programmes to meet your company’s unique business needs. Our engineers have decades of experience and develop cutting-edge methods for staying ahead of the most dangerous and emerging risks.

We are committed to making your operations safer and more resilient while providing the risk analysis to make data-driven business decisions. Our intuitive online database provides dashboards and reports with all the metrics you’ll need to measure success.

Why risk engineering is important?

Risk engineering helps companies reduce the possibility of catastrophic and expensive issues such as fire, machinery breakdown, electrical fire hazards, human error, and weather events. Risk engineering reports from GRC help you to train workers on safety protocols, ensure compliance with regulatory standards, and create comprehensive risk management programmes. 

Risk engineering reports help you work with underwriters to get the best possible insurance terms and conditions. Insurance carriers and brokers around the globe trust Global Risk Consultants’ reports as comprehensive guides to loss prevention. Our team also works directly with broker and carrier partners on a variety of loss prevention efforts. 


What is property loss control?

Property loss control is a plan to reduce the risk of property damage, employee injuries, and downtime from perils such as natural disasters, fire, or workplace accidents. A successful plan will mitigate risks of machinery breakdown and help company leaders develop business continuity plans.


What is an unbundled risk assessment?

An unbundled risk assessment is a comprehensive analysis of a facility’s exposure to a wide variety of risks. The risk analysis is never tied to insurance or underwriting and is carried out by independent, third-party engineering experts.


Why should I unbundle risk assessments from insurance? 

Unbundled risk management assessments offer an independent, consultative analysis of a company’s risks. The risk reports by third-party experts help companies make strategic, data-driven decisions. This reduces a company’s risk exposure and helps them to shop for appropriate insurance coverage and negotiate premiums with underwriters. 

The challenges of risk engineering

Improving risk profiles for marketing to insurance companies

Unbundled property loss control assessments empower you to improve your risk profile before you market your programme to insurance companies.

Reduce risks

We help risk managers identify dangerous hazards that could lead to accidents, injuries, downtime, and property damage.

Make better capital expenditure decisions

Risk engineering supports better decision making, from the insurance you purchase to where you allocate funds.

How Global Risk Consultants can help you with risk engineering

Global Risk Consultants’ engineers have the most training and expertise of any team in the industry. We set the industry standard for risk engineering protocols and are committed to staying up to date with the latest technologies and trends. We tailor our common-sense approach to property risk engineering to meet your specific needs.

Our engineers are experts at reducing exposure to all kinds of risks, including hazards caused by boilers, machinery, dust,  fire, as well as natural disasters such as windstorms and earthquakes. Our expertise spans industries such as power generation and renewables, technology, automotive and transportation, food and grain, pharmaceuticals, data centres, healthcare, manufacturing, and mining.  

We have an extensive property loss prevention portfolio, and cultivate long-standing partnerships to gain valuable knowledge about your company, priorities, and loss prevention needs. Focused on managing your risks to reduce loss, we help you make data-driven business decisions.

Global Risk Consultants’ loss estimates are highly accurate and seen as the gold standard in the industry. After conducting a thorough site analysis, we provide you with comprehensive reports, operation certificates, safety labels, and related documents. Our risk management assessments allow you to embrace a more sophisticated risk engineering profile, take on more risk, and negotiate premiums from a position of power. Understanding what might go wrong allows you to create business resilience plans to prevent those things from happening. 

We also offer a comprehensive portfolio of virtual services such as remote surveys, remote reviews of property loss control policies and procedures, self-assessments, heat mapping, and virtual training. 

Global Risk Consultants has assessed some of the most complex property risk engineering programmes for the largest companies in the world. We make the transition to us a streamlined, painless process, using a process that is proven to work. We’ll build a timeline and get you up-and-running in no time. 

Get started with Global Risk Consultants

Start your risk engineering journey with us today.

What our risk engineering services include?

Global Risk Consultants offers a wide range of services to help identify and reduce risks, setting you up for a successful insurance placement. Our property risk engineering assessments may contain the following:

  • Arc-flash analysis and risk assessment – Evaluate electrical safety, ensure compliance with NFPA standards, and reduce risk of fires and explosions.
  • Asset management and reliability process troubleshooting – Realise maximum operational and financial value from the business’ critical physical assets.
  • Boiler and machinery engineering – Reduce your risk of machinery breakdown with preventative and predictive maintenance, attaining spare parts and developing contingency plans.
  • Boiler and pressure vessel inspections – Conduct jurisdictional inspections of pressure vessels to prevent catastrophic damage and stay compliant with government regulations.
  • Climate change assessments – Assess risks of storms, sea level rise, drought, floods, and more while satisfying EU Taxonomy and ESG reporting and related climate action requirements.
  • Dust hazard analysis – Identify and evaluate fire and explosion hazards due to combustible particulate solids such as flour, grain, and charcoal.
  • Electrical safety audits – Address electrical hazards with comprehensive training and inspection services.
  • Fire protection engineering – Manage exposure to fire and explosion risks to reduce potential property damage and comply with increased regulatory activity.
  • Infrared thermography – Use non-destructive testing to detect abnormal temperatures, diagnose problem areas, and determine severity of electrical and mechanical problems.
  • Natural hazards analysis – Evaluate exposure to windstorms, earthquakes, flooding, wildfires, hail, and other natural hazards.
  • Insurance asset valuation – Profit from impartial and accurate property insurance valuation even as markets change.
  • Self-assessments – Analyse your own property loss control risks.

Knowledge highlights

Webinar

Nuclear Power Plants

#Energy

Equipment qualification for nuclear power plants

Article

Combustible Dust Infographic

#Service knowledge #Chemical Processing

Combustible Dust

Webinar

Geothermal Bankability

#Sustainability #Energy

Maximise geothermal project bankability

White paper

Technical Due Diligence

#Service knowledge #Building and Construction

Cutting risks not corners