RISK ASSESSMENT

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RISK ASSESSMENT

The scientific and engineering approach to industrial and commercial risks has represented a distinctive characteristic of JENSEN HUGHES srl since it started its activity over 30 years ago. We developed  a particular attention to the industrial companies and activities that have sophisticated processes and cannot afford a major equipment loss and damaged goods that could put them out of business.

We can assist you to carry out a thorough risk analysis supported by simulation models and tests that provide evidence of possible damages and effectiveness of the proposed fire protection systems.

JENSEN HUGHES srl can provide a complete analysis of buildings, processes, and materials and their impact on fires and explosions in all aspects including products’ toxicity and combustion.

From a property conservation perspective, if required by the client, exposure to natural events (such as earthquakes) can be evaluated.

Our approach is:

Loss control activity

Following a thorough inspection of the facility, a complete risk evaluation is carried out in accordance with international standards grading the facility versus an optimum condition and above average condition.

The facility management will be guided to evaluate the possible required upgrades and JENSEN HUGHES srl will be available to assist its implementation.

Business Continuity

Business continuity is an extremely important issue and involves a thorough analysis of all the steps and aspects of a companies’ activity starting from the purchase of raw materials to the delivery of final products. It includes supply chain risks, production and storage risks, transportation risks.

The most important exercise is carrying out a business impact analysis (BIA) that identifies the worst possible situation that the company would have to face and to outline the preparedness to cope with such an event by responding during the emergency, restoring the activity and going back to the business as usual situation in the shortest time possible.

JENSEN HUGHES srl is particularly equipped with its experience and expertise to offer this service to national and international clients.

Risk Grading

In Loss Prevention programs it is often very useful to be able to establish a list of priorities among the required improvements, both for economical and timing reasons.

Moreover, in case of large companies having numerous industrial and commercial facilities a grading system provides criteria both for improvement and for sharing the cost of insurance with the final objective of reaching an above than average risk level.

Key Performance Indicators (KPI) can be established to evaluate the correctness of risk grading as well as the adequacy of the Loss Prevention program. Examples of KPI in this field could be: number of loss, maximum value of loss, variation of the cost of insurance. Comparison between KPIs and actual quantitative outcomes provide a measure of risk reduction.

We can provide dynamic KPIs that can be adapted to changing situations.

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