Insurance Risk Engineering (IRE)
BakerRisk's Insurance Risk Engineering services include loss estimate studies (EML, MPL, PML, etc.), business interruption and interdependency studies, contingent business interruption exposure studies, third party liability evaluations, risk analysis surveys, loss investigations (root cause analyses), and design reviews.
Benefits of Using BakerRisk
Our Insurance Risk Engineering professionals assist clients evaluate the risks at their operating facilities and present those risks and associated risk reduction measures to the insurance underwriting community. These independent evaluations and quantified loss estimates, which are accepted by the worldwide energy insurance market (e.g. Swiss Re, Munich Re, Zurich, Allianz, ACE, XL, and AIG), help our clients obtain appropriate levels of insurance and avoid higher premiums associated with unknown or un-quantified risks.
Our Insurance Risk Engineering professionals assist clients evaluate the risks at their operating facilities and present those risks and associated risk reduction measures to the insurance underwriting community. These independent evaluations and quantified loss estimates, which are accepted by the worldwide energy insurance market (e.g. Swiss Re, Munich Re, Zurich, Allianz, ACE, XL, and AIG), help our clients obtain appropriate levels of insurance and avoid higher premiums associated with unknown or un-quantified risks.