Risk Management Tools / Business Interruption and Interdependency Studies

Business interruption studies
The property risk services team can help you identify your business interruption (BI) exposures. The analysis focuses mainly on the loss of the entire facility and its affect upon the entire company. However, relatively small fires often result in high property and BI/extra expense losses. This may occur when the fire involves a critical piece of machinery (possibly a bottleneck) or the machine is foreign or custom made and has an extremely long replacement time. The equipment may be very sensitive to heat, smoke or water damage and suffer severe damage despite prompt sprinkler operation and fire department response. Working with experienced plant personnel, our team can help identify such exposures and estimate and mitigate the potential loss.

Interdependency and contingency studies
Large global and domestic accounts can have interdependent and contingent business interruption exposures that are not fully understood and which standard loss prevention services may not adequately address. Our team can provide a comprehensive exposure study by working with knowledgeable people in your organization to pinpoint key interdependencies, suppliers and customers and determine the loss impact they can have to your organization.