BOILER and MACHINERY

Boiler and Machinery Reliability Engineering Services

Risk managers today require an ever-increasing amount of technical expertise to understand and properly manage their exposures. In many machinery intensive industries, boilers and associated electrical and mechanical equipment represent the single largest loss exposure on a frequency basis. Matrix Risk Consultants offers assistance to risk managers and those responsible for machinery exposures through our Boiler and Machinery Reliability Engineering Consulting Department.

Our specialists come from a background of companies such as Hartford Steam Boiler, Industrial Risk Insurers, and Factory Mutual. These backgrounds give us an understanding of equipment exposures including Property Damage, Business Interruption and other Indirect Coverages.

• Evaluate total plant operations to identify hazards which may result in a failure or cause a loss, including high-value and hard-to-replace equipment
• Evaluate the maintenance and testing programs in effect, compare them to acceptable industry standards and recommend program enhancements when appropriate
• Develop and recommend corrective action to reduce or eliminate boiler and machinery equipment failure potential
• Assist in the compliance of state and local boiler and pressure vessel laws
• Perform scheduled visits to reevaluate equipment operating conditions

• Equipment Based Risk Analysis
• Equipment Preventive/Predictive Maintenance Program Review
• ASME Code Consultation
• Jurisdictional Compliance Consultation
• Risk Improvement Recommendations
• Insurance Company Recommendation Review
• Loss Estimates
• National Board Repair Consultation
• Loss Investigation Services
• Loss Mitigation and Expediting
• Machinery and Equipment Claims Consultation

• The American Society of Mechanical Engineers (ASME)
• American Petroleum Institute (API)
• National Fire Protection Association
• Various Insurance Carrier Standards