Power Risk Ranking

Ranking and benchmarking power plants — How do your power assets srank against your peers?

Improving the quality of your risks by identifying when hardware, management systems, and emergency control risk systems and processes deviate from industry best practice can reduce unplanned downtime and save money.

To be able to improve your risks you need to be able to identify and rank them objectively. Knowing how they measure against your peer group can help you identify the areas where key improvement opportunities exist. The evaluation and quantification of risks is a key aspect of risk management for insurance placement and corporate loss control.

Marsh's risk ranking process

Marsh’s risk ranking system provides an absolute measure of risk quality when compared against a defined set of criteria. This proprietary system has been developed and enhanced over the past 25 years and is based on the views of both Marsh’s risk engineers and those of the underwriting market.

Proven approach

By performing a risk ranking as an integral part of our survey process and applying benchmarking our clients are provided with valuable insight to support their understanding of areas where high impact improvements can be made.

To find out more, download PDF below or contact your Marsh representative.