Property damage can potentially result from a human-caused event, inclement weather or natural disasters, a cybersecurity breach, or vandalism. Coverage of specific inciting events and strategies to manage them will depend on your risk profile, your locations, and the policies available from insurers.
In addition to seeking to optimize insurance coverage for property and business interruption risks, property risk management can involve property audits and inspections, fire protection engineering, loss investigations and analysis, property replacement cost valuations, and more.
Our technical analysis, program innovation, and market insights can help you identify your potential property risks and better manage them. Working with our advisory, loss control, and claims specialists – supplemented by a global team of subject matter experts and industry-leading catastrophe-modeling capabilities – we can benchmark your property risk management program, spot potential coverage and mitigation gaps, and help you implement strategies to protect your property and recover from losses more quickly.