Print all Sectors/ServicesProperty Loss Consulting
Risk engineering is the evaluation, quantification, and mitigation of potential damage to a facility resulting from natural or manmade hazards. Using real-world engineering experience and leading edge technology we evaluate the potential for damage, business interruption, and more subtle incremental losses that can occur from hurricanes, tornado, earthquakes, floods, blasts, and other hazards. Customized Probable Maximum Loss (PML) studies can help clients quantify their risk and make informed insurance decisions, while mitigation studies can provide practical solutions to reduce the impact of a hazard to a client’s facility.
We can serve as a comprehensive, single-source information provider investigating, documenting, analyzing, and determining the extent and severity of property damage to a building or other facility type occurring from a covered-loss event. Operating globally, assessing the depth and extent of damage from man-made or natural disasters, our structural engineers, architects, and MEP professionals offer a multidisciplinary approach to provide our insurance clients with a thorough, detailed assessment for the purpose of both quantifying and qualifying property damage.
Whether it is determining the source of water intrusion passing through a curtainwall, identifying the origin of a structural collapse, or determining the cause of failure at a retractable stadium roof, we offer a team of forensic engineers, architects, and MEP professionals that provides a multidisciplinary approach to determining the cause and origin of property damage. Working with independent adjusters, attorneys or their representatives, we take a lead role in investigating the cause and origin of damage to structures or equipment directly resulting from a man-made or natural event. We then provide definitive answers to complex questions, help define the issues, and offer litigation support and expert witness testimony.
Local and regional building codes are continually revised. Some changes must be implemented in existing construction, while other requirements apply only to new or rebuilt projects, as may occur after a catastrophic property loss. Our building code consulting services provide clients with independent evaluations of requisite as well as event-driven code compliance evaluations and accompanying recommendations for achieving compliance. Possible areas of investigation include: structural design, building skin, ADA (accessibility), fire protection, and specialized or historic structures.
A new class of buildings designed to minimize impact on the environment and maximize occupant health and well-being is rapidly emerging. These sustainable design or “green” buildings, which often have LEED-certification (Leadership in Energy and Environmental Design), bring a new set of issues to property loss and claims activities, ranging from re-certification, re-commissioning and availability of local or recycled materials to the need for specialized consulting services, that all have the potential to impact a project’s cost and construction schedule. Our knowledge of sustainable design technologies and the LEED rating system enables us to consult on all technical aspects during the claims adjustment process.