Risk Engineering

All aspects of life involve some degree of risk. Risk engineering is about identifying and quantifying the hazards we are exposed to and assessing the probability of them happening. This information can then be used to design practical measures to manage, control or eliminate them.

Increasingly, property owners, managers, and, in certain countries, company executives, directors and officers, are held liable for injury and loss of lives resulting from fire and accidents that occur on their properties. Risk Engineering can provide a systematic and effective way of preventing tragedies and mitigating risk.  

ACE’s Risk Engineering Services
ACE is one of the world’s leading business insurance companies providing risk engineering and risk benchmarking programs. We compare risk management performance across different facilities and locations, and assess an organization’s performance against best practices. Our programs can help to increase risk awareness throughout an organization and to inspire improvements.

ACE has deep and broad expertize in risk engineering, having learned through the decades from thousands of incidents involving almost every class of property, liability, marine and technical lines business insurance coverage. We are not limited to just ‘bricks and mortar’ reviews and inspections, but can provide a holistic overview to help our clients in all aspects of their operations and the risks they face. Using our collective experience we can help you to develop your loss control and global risk management program, in order to avoid the misfortune others have suffered. We can highlight areas of risk that you may not have been aware of, and detail the steps you should take to eliminate or reduce those risks.

Leveraging our experience, we develop customizable loss control and global risk management programs to help organizations reduce or eliminate the likelihood of loss or injury. Our expertize can also help prevent or mitigate reputational damage in the event of a major incident or loss.