Risk engineering is an ongoing process that starts with identification and assessment of hazards and continues with setting up and monitoring control systems to mitigate these hazards. It allows insureds to take cost-effective actions to protect their assets, safeguard their people and help maintain the continuity of their business.
If you are going to service SMMEs (Small, Medium and Micro-Sized Enterprises) - especially where professional risk engineering and loss adjustment services are not cost effective - then you need to drastically reduce the non-productive time associated with (1) report writing, (2) travel and (3) administration.
The highest value-adding tasks* of a risk engineer are survey preparation, time on-site and the advisory activities, yet they represent only 32% of the time invested into the respective risk analysis.
* Based on 18-month experience of a Virtual i Technologies Partner Risk Engineer on a previous assignment serving large energy and power assets
[VRS]™ provides not only an intelligent platform for risk assessment, but also high-quality risk engineering services. We transform traditional risk engineering services into tech-based and data-driven processes that add instantaneous value to the insurance industry.
We have a network of world-class risk engineers that insurers can assign surveys to and thus gather data in real time. Our partner engineers in our global network offer complex risk engineering services for operational facilities in various industries such as manufacturing, heavy industry, utilities, mining, transport, and logistics.
The state-of-the-art technology of [VRS]™ also enables our global network of well-known risk engineers to guide younger colleagues without the need to travel or be physically on site. The immediate effect of this capability is the reduction of costs and enhancement of security as well as reliability of the survey results in improved overall work processes. View our partner risk engineers >