Property Risk Engineering Services

Property risk engineering: Overview

Chubb’s considerable property risk engineering and technical expertise supports a variety of industry sectors, including retail, financial institutions, electronics, telecommunications, metal fabrication, hospitality, healthcare, educational institutions, leisure and entertainment, printing, real estate, transportation and large and medium sized manufacturing risks amongst others.

In addition to carrying out property risk engineering inspections to identify, quantify and evaluate the hazards and risks you are exposed to, and developing pragmatic risk improvement solutions, the risk engineers also have the specialist skills to offer a wide variety of added-value services. These can range from full spectrum gap analysis of corporate property risk standards to business interruption reviews, supply chain and NAT CAT analysis.

Depending on your risk engineering requirements, Chubb can also provide property related benchmarking programmes and reports, enabling you to build and nurture property risk management awareness within your organisation.  Benchmarking can also be used to compare global risk management performance across a portfolio of properties or operating units. If appropriate, it can also be used to establish cost effective priorities and in premium allocation across operating units to promote risk improvement.

Working with you, Chubb will also undertake regular “Stewardship” reviews to ensure the agreed programme, reports and procedures reflect your current risk management requirements and philosophy. A stewardship report is then provided to measure the level of success of a loss prevention programme.

The Chubb property risk engineering expertise is well known and valued in the insurance industry with a number of their engineers actively involved in external risk management bodies.