Managing claims in industrial and commercial properties
Regardless of size, businesses in all industries rely heavily on sophisticated equipment to build products and develop services to sell to their customers. Physical damage to equipment in industrial and commercial properties as a result of water losses can cost upwards of millions of dollars, depending on the type of property and the source of the water.
The rapid adoption of new technologies in industrial and commercial properties presents a serious challenge to re/insurers and loss adjusters responsible for managing claims in these properties. This workshop is intended to highlight the challenges of managing non-cat water losses. Multiple case studies will be presented to describe mitigation techniques, assessment of damage, and analysis of available reinstatement options.
