Services & Products

Warehouse COPE reports are designed to provide a basic risk profile report for those risks with lower limit sums insured (below £1,000,000) or net premium income, where there may be limited risk information, or a declining loss ratio.

Typically a Warehouse COPE Report will contain 4 -6 digital images and basic risk information relating to:

• Warehouse construction and utility details including testing and maintenance regimes for fixed electrical and portable electrical systems and equipment.
• An appraisal of the insured’s business, activity undertaken, method of storage, staffing and hours of occupancy.
• Details of any passive and active protection measures installed with specific reference to fire and security systems, signalling and response arrangements, physical security of the building, yard security. An appraisal will also be made of the activity and attitude of the insured with regard to preventing and mitigating loss.
• An overview of both internal and external exposures covering fire and explosion, theft, water damage, flood, impact and other insured perils.
• An estimate of the Normal Loss Exposure (NLE) Maximum Amount Subject (MAS)
• Risk Improvements designed to assist the insured and reduce Underwriter’s exposure.

Marine Stock Throughput and Storage Reports will provide enhanced detail of risk exposures based on Policy wordings, warranties and any other policy conditions.

Typically these reports will contain detailed risk information and 6-8 digital images relating to:

• The insured’s business, operations and stock
• Type of packaging and method of storage
• Site Description
• Management of fire and safety
• Active and passive fire protection and suitability for the risk
• Security of the premises
• Adequacy of security systems
• Maintenance of utilities and the building
• Internal and external loss exposures
• Identification of natural hazard loss exposures
• Local public emergency response
• Water supplies
• Details of transit arrangements where appropriate
• Yard storage and trailer security
• Estimated Maximum Loss calculations.
• Risk Improvements

Reporting information is similar to that contained within a stock throughput / storage report with particular reference to Terms and Conditions, sums insured and potential liabilities.

An assessment will also be made of values at risk in relation to contract Terms and Conditions applied.

All reports will include a separate Risk Improvement report detached from the assessment report that can be forwarded in isolation to the main report for the attention of the Insured

Risk Improvement reports will provide the following information:

• The condition or circumstance giving rise to the requirement including photographic evidence as necessary.
• The action required to countermeasure the condition or circumstance reported.
• Realistic timescales for implementation.
• Whenever possible the approximate cost of implementing a requirement

Risk Reporting also other the following servies, please contact us for more information:-

• Underwriting Storage Risk Control Reports
• Aggregation of Risk Exposures
• Review of System Design Proposals and Specifications
• Review of Reports
• Fire Risk Assessments
• Health and Safety Risk Assessments
• Technical Research