Technical Discipline Groups

Insurance Risk Engineering

With our strong risk analysis foundation and technical support, BakerRisk offers a credible independent assessment of a client’s risks, which is very important to global energy underwriters.  Since our inception, we have worked with numerous international energy underwriters who accept our Risk Analysis (marketing) and Loss Estimate Reports.  Combining the strengths of our staff experience with the latest analysis tools enables us to offer our clients practical solutions to manage and control their risks while satisfying the requirements of outside insurers.

During each survey, there will be an opening conference, a brief orientation tour of the location, interviews with appropriate management, operations, and maintenance personnel, an in-depth tour of the operations and a closing conference to review the findings.  A “no surprises” approach is always used.  We will also provide a tentative agenda, allowing flexibility to assign appropriate personnel from the operation being surveyed.  In order to help in the data collection process, we typically will provide a list of information needed after being awarded an assignment.

BakerRisk offers the full range of insurance risk engineering services from Risk Analysis (Marketing) surveys to Special Loss Estimate studies (EML, MPL, PML, etc.) addressing Property Damage, Direct Business Interruption, Business Interruption Interdependencies, and Third Party Liability.  Our consultants have an average of more than 25 years of experience covering all phases of oil and chemical industry operations. This wealth and breadth of experience enables BakerRisk to efficiently analyze specific client facilities and provide practical recommendations for reducing and controlling risks.