Risk Engineering Track

The likelihood of machinery breakdown depends on many factors, including those inherent to the machine design and specifications and others completely influenced by environmental conditions. In light of these variable factors, accurate assessment of machinery breakdown risk becomes a challenging task. This webinar is designed to provide insurers, operation managers and risk managers with detailed description of risk assessment techniques used to accurately assess machinery breakdown risk. 

This webinar is designed to provide insurers, operation managers and risk managers with detailed description of risk assessment techniques used to accurately assess machinery breakdown risk. The webinar will provide clear and concise information related many topics including.

Discussion of machinery breakdown hazards, including related consequential loss (BI); Elements of successful risk assessment of industrial properties including single or multiple plants/locations.; Identification of significant risk exposures requiring immediate attention; Calculation of loss scenarios (e.g., EML/PML; MFL; MPL); Measures that should be considered to prevent or reduce property losses.