Put simply, risk engineering is the practice of carefully analysing a risk and looking for ways to avoid or minimise its damaging potential, addressing both frequency and severity of events. What was once a discipline focused on fire protection is now a broadly focused, collaborative discipline designed to protect property against damage from a wide variety of risks and natural forces.
In this article, Jonathan Salter, head of global property risk engineering at XL Catlin highlights:
• The role played by property risk engineers in the underwriting process.
• How property risk engineering might work for a client.
• What the future of property risk engineering might look like.
• What experience XL Catlin's property risks engineers bring to the table.
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