BakerRisk's proprietary MaxLoss© software allows users to efficiently and accurately determine the potential maximum loss event for a facility based on a variety of user-defined potential loss scenarios. The tool provides an easy, consistent way of quantifying these property damage loss potentials.
For more information regarding MaxLoss© or to request a customized, live demonstration, contact us today!
Interested in this Software?
MaxLoss© utilizes a powerful map-based Graphical User Interface that allows risk professionals to quickly define a variety of loss scenarios. Users can import a variety of photos, CAD files, and many other images to enable easy identification of loss scenario locations.
Business interruption loss estimates can also be developed based on the asset damage determinations provided by MaxLoss©. Our insurance risk consultants are experienced in determining business interruption impacts, factoring in interdependencies, contingent business relationships between clients and their suppliers/customers, contractual factors, lead times for equipment replacement, labor availability, etc.
Loss Analysis Methods
- Traditional TNT Equivalency approach for Vapor Cloud Explosion analyses
- Implementation of BakerRisk methodology to improve confidence in TNT Equivalency Calculations
- Source parameters can be directly input or automatically calculated through an integrated discharge model
Worst-Case Loss Estimates
- Static loss estimates
- "Drifted" analysis computes property damage at thousands of analysis shift locations and reports worst-case scenario