Group Medical Insurance

For new construction, renovation, or process changes on client premises, our risk engineers advice and follow-up the projects from the design stage until completion to ensure that prevention and protection measures are suitably integrated.

RSR provides detailed information along with recommendations. This includes assessment of property and business interruption point of view. Our Risk Engineers will make a visit to site and will interact with on site technical team for better understanding of activities carried out. Onsite recommendations are given after discussion with site technical team. No unilateral recommendations are presented to clients without prior discussion on their technical or economic feasibility.

During visit, mainly property and business interruption exposure will be analyzed, which covers following:

• Construction aspect
• Spread of risk
• Process safety measures
• Storage practice followed
• Housekeeping
• Fire Protection Arrangements
• Maintenance practice
• Redundancy of critical supplies / equipments
• Probable maximum loss estimation
• Natural Hazard Exposure

The distribution of electric charge in the cloud also depends on the distribution of water and the particles of ice in the cloud. We can assist clients in evaluating their exposure to damage arising out of lightning strikes and help them prevent Accident or loss situations.

• The amount of loss of human life and properties due to lightning is significantly high. It is found in the recent years that lightning kills more people each year than tornadoes or hurricanes globally.
• Indian Standard on Lightning Protection (IS 2309) provides the methodology to assess the lightning protection requirement for structures and buildings.

If loss amount is Substantial and based on client request we do visit place of loss along with appointed claim surveyor and insured representatives to take a stock of situations and recommend in the interest of property conservation. We try to get real feel of the damages client suffered and to assure him for best support.

Base on visit Risk Engineer will prepare a drief report covering following aspect in it:

• Event of loss
• Cause of loss
• Actions taken after loss
• Recommending loss minimization measures
• Preventive measures to avoid recurring losses

Rainfall patterns change causing unseasonal floods. We assist clients in evaluating their exposure to Natural calamities help them make informed choices on preparedness for such events. We explore natural hazards exposure such as earthquake, storm, lightning, flood etc to particular location. This is done with the help of advanced tools and software available with us. PTO Our expertise allows us to go beyond traditional district wise maps and identify zones giving more precise risk exposure with reference to north east coordinates. In certain area, our expertise can capture pin code wise flood exposures. Our methodology of natural risk assessment is developed in house and strengthened by support from Munich Re’s Geosciences Research Group. After Identifying exposures, we recommend some preventive measures to our clients. There are standards available to minimize effect of natural catastrophe on the property. This type of assessment can help clients to select proper location for new projects and if location is exposed then safety measures can be taken at project inception stage itself.