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Insurance Risk Management Engineering Consulting Services

Process and occupational incidents in marine industries, oil and gas, mining and steel industries, power plants and other industries, due to the nature of these facilities and their hidden risks, despite the planning of managerial and .engineering preventive measures, usually occur
According to the official reports published by authoritative authorities such as CCPS and Marsh, the process of examining and evaluating the damages of such accidents, especially in high financial scales, has shown that most of the accidents that occurred in most of the producing countries have new and unknown causes. .

Theoretically, the occurrence of such incidents is normal. But unfortunately, the statistics of accidents and their RCA results show that the main origin and root of most occupational accidents and also a specific and repetitive process.

Normally, in various industries, especially in the oil and gas industries, in the phase of hazard identification, the source of equipment accidents are audited and identified by responsible units such as HSE, technical inspection, maintenance and repairs, operation, etc., and control solutions in order to reduce The level of risks is announced, but unfortunately, due to the lack of specific funds and resources, the aforementioned measures are not fully implemented. Also, despite the presence of various insurance companies and their entry into the discussion of risk transfer in these industries, no mechanism has been created with the aim of reducing the number of accidents and losses in various industries, especially the upstream and downstream industries of oil and gas.

As a result, such industries are always considered as the first victims of various accidents and damages, and the insurance companies that accept the risk of such industries are considered as secondary victims! If standard and win-win mechanisms are implemented with the aim of reducing and controlling the risks of such industries, both industries and insurance companies will benefit. On the one hand, accident-free working hours and stability of industrial production will increase, and on the other hand, the payable losses of insurance companies accepting the risk of such industries will also decrease. Therefore, today, insurance companies try to reduce the real risk of the insurance subject by using safety considerations before the occurrence of accidents.

Aria Ayman Fidar Company (AIFCO) provides specialized Risk Inspection and Loss Assessor services to industries with the aim of realizing the following:

  • Minimizing direct and indirect damages at the level of complexes, factories and organizations
    Reducing premium rates by improving risks and consolidating insurance policies
  • Prioritization of risks from the point of view of insurance and control of accident-prone and high-risk points of facilities and complexes
  • Modifying the processes of purchasing insurance policies related to facilities and equipment by applying Risk Based logic to them
  • Increasing the participation of insurance companies in safety investments at the level of organizations' facilities
  • Further deployment and maintenance of safety standards at the highest level and maximum reliability
  • Establishing a relationship and constructive interaction between organizations, especially holdings, with risk-taking insurance companies and completing the missing link of risk management.
  • Improving process safety requirements and contributing to the sustainability of production and service provision at the level of facilities and complexes
  • Holding specialized training workshops and culture building regarding Risk Inspection and Loss Assessor specialized services

 

For more information, please contact us.