Property Damage



  • Risk assessment covers all property hazards (all risks), and can include consequential loss (Business Interruption - BI) or be limited to selected risk factors.
  • Physical tests of main fire protection or fire suppression systems.
  • Assessment of all commercial/industrial property including single or multiple plants/locations.
  • On-site service around the globe (excluding active war zones or areas where government travel restrictions are in effect).
  • On request: desktop assessments based on available information.
  • Notification of significant risk exposures requiring immediate attention, even if not included in the scope.


A concise and comprehensive Risk Assessment Report comprising:

  • description of risk
  • the assessment of all relevant risk factors commonly used in the insurance and reinsurance industry or based on customized definitions
  • an overall assessment based on globally applied GREx algorithm or client-provided
  • clear and well defined loss scenarios (e.g., EML/PML; MFL; MPL) 
  • appraisal of existing fire protection systems based on test data
  • cost-effective measures that should be considered to prevent or reduce property damage


For Underwriting

  • Understanding the quality of risk and in-depth knowledge about hazards and exposures.
  • Acceptance or rejection of risk based on fact-based information.
  • Optimise pricing.
  • Tailoring reinsurance terms and conditions.
  • Portfolio protection and enhancement.
  • Cost savings due to outsourcing of risk engineering activities.

For Marketing / Sales 

  •  Supports active discussions with the Insured.
  •  Practical, cost-effective risk improvement advice to support long-term relationships.

 For Claims 

  • Provision of facts prior to a claim.
  • Supports legal actions – if required.

For Insured 

  • Guidance on how to avoid possible losses.
  • Proof of long-term commitment.
  • Ongoing support.

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