Machinery and Equipment Risk Solutions
Proactive services to manage machinery and equipment risks
Risk assessment and mitigation to prevent machine- and equipment-related losses
Zurich Resilience Solutions (ZRS) provides customized analysis to help businesses avoid costly machinery breakdowns. Regardless of your size or sector, it's vital to manage your equipment to reduce the frequency and severity of losses. The commercial world is incredibly demanding, and it's always important to be prepared.
At ZRS, we will assess your current risk profile, determine how to protect your existing assets, and help you navigate the best path forward. With our support, you can gain increased clarity and control over your operational assets.
Identifying and mitigating machinery and equipment risks
Modern businesses utilize a huge variety of tools to produce value. From computers and technology gear to manufacturing and distribution infrastructure, physical assets are integral to normal business operations. Machinery breakdown can cause huge problems, with operational bottlenecks and delays leading to a lack of continuity and serious financial losses.
We offer boiler and machinery risk assessment, machinery breakdown site risk assessment and many other business continuity services.
Our team will:
Helping to protect your business
Business assets come in all shapes and sizes, from isolated equipment to connected infrastructure and dedicated facilities. Whether you rely on one piece of equipment or many, it's important to identify potential breakdowns and implement proactive solutions. At ZRS, we help to protect your business with targeted analysis, in-depth assessment, and key insights into all areas of machine breakdown. Our core services include:
Boiler and pressure vessel inspections
Boiler and pressure vessel inspections
Regular inspections of boilers, pressure vessels and refrigeration equipment are essential to maintain operational certificates and meet obligations.
Electrical/Mechanical Infrared Thermography Inspection Services
Electrical/Mechanical Infrared Thermography Inspection Services
Early electrical/mechanical failure detection. Turn your reactive maintenance program into a predictive one, helping reduce downtime and costs.
Condition Monitoring with MOVUS FitMachine
Condition Monitoring with MOVUS FitMachine
Condition monitoring with the MOVUS FitMachine utilizes a sensor-based technology to provide real-time machine health.
Fuel Fired Equipment Safety Survey
Fuel Fired Equipment Safety Survey
An onsite assessment focusing on areas where operating equipment could lead to carbon monoxide exposure
Free consultation
Find out how your business might be able improve your insurance rating.
The importance of machinery and equipment risk assessment
In today’s fast-paced business environment, it’s important to review the condition of your facilities and equipment. When you conduct a proactive analysis of business assets and operating practices, you can reduce the frequency and severity of any machinery or equipment-related losses. At ZRS, we deliver a range of services to help you mitigate risk, including boiler and pressure vessel inspections, machinery breakdown risk services, and customized solutions.
From machinery risk assessment to industry operating practices, from historical data reviews to real-time alerts, we deliver actionable insights to help you improve operations. We offer a unique, multifaceted approach, helping you to assess equipment, identify potential problems, and set preventive maintenance plans based on best practices.
If you are looking for proven machinery solutions to protect core services and drive business growth, contact ZRS for a free consultation.
Machinery and equipment risk insights
August 17, 2023 | Article
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Connected devices can increase manufacturing cybersecurity risks
Productivity may be enhanced by connected devices on the manufacturing floor, but Internet of Things security concerns can’t be ignored.
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Warehouse fires and avoiding the risk
Warehouse fires and avoiding the risk
Zurich North America’s Joffre Mishall, Head of Property, US National Accounts gives insight on the risks that come with the new warehouse trends and provides tips for proactive risk management.
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Flood recovery: What to do when the waters recede
Flood recovery: What to do when the waters recede
Time is critical when restoring a site, but establish safety parameters before sending anyone in.
Frequently Asked Questions
ZRS helps our customers manage machinery breakdown risks through a coordinated program that starts with a solid understanding of potential key equipment related failures by performing a self- or Zurich Risk Engineering guided assessment. We then create a business continuity plan (BCP) that contains the actions necessary to minimize the operational and business interruption impact of an outage, along with a strong predictive, preventive, and corrective maintenance program to ensure continuous plant operation.
Machinery breakdown risks due to key equipment failure include potential extended operational outages, failure to deliver products and/or services to clients on time, and expensive equipment repairs or replacement. In addition, the inability to deliver products and services as promised can lead to loss of clients and/or market share.
A machinery risk assessment provides an overall view of a plant's operational (machinery breakdown) risks, with a numerical risk graded view of the potential for property (physical) damage and business interruption exposures. The assessment is informed by an evaluation of a plant's operations and key primary production and auxiliary equipment and a review of a plant's maintenance activities and its track record in ensuring continued equipment availability. The machinery risk assessment provides actionable risk improvement advice where an opportunity exists to improve predictive, preventive, and corrective maintenance programs, business continuity planning and other potential equipment breakdown related exposures.