Risk engineering consultancy, Specialists in the Protection of Risks (SPR) has today launched a range of new services for brokers, insurers and reinsurers to help improve the understanding of complex exposures.
SPR, which was acquired by THB Group’s risk management division in late 2008, provides independent onsite survey and audit services across the world. Today’s launch introduces a new desktop review service and training programme designed to help brokers and underwriters alike understand the issues and risks associated with major industrial plant.
Commenting on the launch, Graham Fradgley, Managing Director of SPR said,
“Where underwriters and brokers require risk engineering expertise either as part of the broking presentation or as part of the underwriting and pricing decision we can be on hand to ensure full understanding of risks and exposures. We are aware that to send a consultant onsite is not always cost effective so we bring our expertise to bear by reviewing existing data and information.”
The desktop review service is also unique as it works on an hourly rate basis (as opposed to a day rate) so the client only pays for the time taken to review the risk.
SPR will also be holding a series of training courses for underwriters and brokers, starting in October 2009, aimed at providing delegates with an understanding of the major risks associated with complex industrial clients.
Fradgley added,
“We have worked on every continent and have expertise in a number of industries including:
- Utilities
- Nuclear production
- Pulp and paper
- Oil and petrochemicals
- Mining
- Telecoms
- Hospitals
- Electronics and semi-conductors
- Construction
- Transportation
- Brewing
- Food production
Our training courses, all based in London, will give delegates an awareness of critical exposures and the implications of poor risk management. These courses can also be industry specific if a more bespoke approach is required.”
