The unexpected loss of critical production equipment, utilities and electrical equipment can cripple any company’s productivity. This continues to be a major expense to insurance programs and/or is absorbed as an operating cost. In fact, major insurance providers have cited Boiler & Machinery (B&M) losses at two times that of fire property programs. Property damage, environmental harm, and long replacement time for key mechanical components can quickly put a company out of business. Therefore, an organization's continued success relies on programs established to ensure equipment reliability and prevent failure.
At TÜV SÜD Global Risk Consultants (GRC), we believe that the first step in building a sound B&M engineering program is to tailor the program to meet the needs of our clients. TÜV SÜD GRC provides the appropriate tools to monitor exposures that can significantly reduce the potential for loss. Ultimately, the preventive programs put in place to minimize exposures are collaborative to an overall B&M loss prevention program.
TÜV SÜD GRC helps companies avert the potential for catastrophic equipment failures, while increasing operational efficiency. Utilizing state-of-the-art equipment to provide effective services worldwide, we can reduce key machinery downtime and minimize equipment damage.
Learn more about TÜV SÜD GRC’s Boiler & Machinery Engineering services