risk management for the real world · 2020. 3. 18. · risk management for the real world...

RISK MANAGEMENT FOR THE REAL WORLDCONSTRUCTION

What we do: Our Risk Management team will conduct a survey onsite to make economical recommendations that improves the project risk profile. These recommendations are based on both our technical experience and a close working relationship with our claims department; identifying common industry issues.

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This information is provided as a risk management resource and should not be construed as legal, technical or clinical advice. Consult your professional advisors or legal counsel for guidance on issues specific to you. This material may not be reproduced or distributed without the express, written permission of Allied World Assurance Company Holdings, GmbH (“Allied World”), a Fairfax company. Risk management services are provided by or arranged through the Australia, Hong Kong or Singapore branches of Allied World Assurance Company, Ltd, a member company of Allied World. 2018 © Allied World Assurance Company Holdings, GmbH. All rights reserved.

www.alliedworldinsurance.com

NATURAL CATASTROPHEWindstorm, Earthquake, Flood

FIRE PROTECTIONWater Pressure, Fire Hoses, Security, Hot Works Permit

UNDERGROUND METRO

CONSTRUCTION METHODS: TUNNELING Soil Conditions, Utilities, Codes of Practice, Storage

HUMAN ELEMENTHousekeeping, Maintenance

WATER PRESSURE DURING BUILD

COOKING

CONTRACTOR REPUTATION

GEOTECHNICAL

HOT WORKS

BUILD / CONSTRUCTION

TESTING / COMMISSIONING

DESIGNGREENFIELD

FOUNDATIONS

POWER MINING ERECTION ALL RISKS PROCESS PLANTS TUNNELSBRIDGES

HAZARDSSTAGES OF CONSTRUCTION

ISSUES SPECIFIC TO CONSTRUCTION

WHAT WE DO