EXPOSED AND UNPROTECTED
Many businesses are not aware of just how exposed and unprotected they are in relation to business interruption (BI) risk, says Caroline Woolley of Risk and Forensics. They may think they can turn to their insurance or stakeholder contracts for help. However, often traditional BI insurance policies offer only restricted cover for loss of business following damage to physical assets. The events faced and the causes of interruption have no such restrictions.
Certifying sprinkler systems: Poland merits particular attention
The quality of sprinkler systems varies widely in Europe. This is largely due to the many different ways of standardisation, certification and inspection. For instance, in Poland there is no official requirement for certification of installations and inspections, but there is a strong expectation within the community that something has to change about this in the long term. An experts’ meeting held at the Dutch embassy may be a source of inspiration.
Riskonet’s Özlem Emgen contributes to NFPA Conference in Las Vegas
Özlem Emgen, Riskonet’s partner in Turkey, played a role recently during the world conference for the National Fire Protection Association in Las Vegas, where she participated in a forum during one of the special event sessions. What was the topic and what did she have to share with the thousands of other conference participants? We asked Özlem about her experience.
Oryzont (Spain) partners with Riskonet
Offering risk management in a maturing market
In its efforts to serve customers globally, Riskonet has partnered with a young risk management consultancy firm in Spain: Oryzont Risk Advisors. The company, headquartered in Toledo, offers the services of risk engineering professionals with a strong background in fire safety and Enterprise Risk Management (Risk Mapping and BCP). Eduardo Valdizán, CEO and founder of Oryzont, explains about the need for risk management in Spain and how his team is supporting both insurance companies and enterprises.
More accidents just waiting to happen?
A recent catastrophe in a shopping centre in Russia cost 64 people their lives. In 2012, 19 people died in a fiery inferno at The Villagio Mall in Doha, Qatar. “The question is where on earth the next accidents ‘just waiting to happen’ will take place”, desperately wonders Riskonet’s Ron de Bruijn – and a number of Riskonet experts with him.
Seminar: major changes in NFPA 13 in the making
There are major changes in the making to the NFPA fire safety standards. The NFPA standard 13, for instance, is being completely revised. For all those who work with this standard professionally, keeping up is a must, says Tom de Nooij, Managing Partner at Riskonet. De Nooij, also a Senior Instructor at NFPA, is therefore convinced that the NFPA seminar from 15 to 19 October in Rotterdam is an “opportunity not to be missed to catch up in detail on all the changes in a relatively short period of time”. Tom explains why in this blog.
“Protect yourself against the risks of 3D printing”
3D printing allows anyone to become an entrepreneur. Put your printed product online and before you know it, you have a flourishing business. Import companies are also becoming producers as they can now print products for themselves. However, what if your product is defective? “Few people realise that they are liable. You can and should protect yourself against these kinds of risks,” said risk and innovation consultant Peter Hartman from RiskFit Innovation.
Don’t get hijacked!
Effectiveness of sprinkler systems:
When designing and developing sprinkler systems, customers are often guided in the wrong direction by the installation company. Not that the installers are deliberately out to get them, says Jan Jongenelen (Riskonet). “You simply need to be aware that an installer is interested in more than just installing the most effective system. Have an independent third party write the specifications and check the installation work to ensure proper quality and effectiveness,” recommends Jan.
Obstacle for NFPA standards in Poland
Who is the Authority Having Jurisdiction?
In the world of NFPA, the term has an almost epic quality. The American standards often refer to ‘Authority Having Jurisdiction’ as the ‘jurisdiction’. However, such authority exists by no means in all countries. In Poland too, it is sometimes a case of searching for the party that has both the position and the knowledge and experience for this role, as our Polish Riskonet expert Leszek Golachowski explains here.
Riskonet’s new risk management expert, Gerrit Vink:
“Entrepreneurs should think more realistically about risks”
Entrepreneurship needs drive and the ability to recognise opportunities. Having ideas, breaking down barriers and chasing success – these are all part of entrepreneurship. But in 2018, Gerrit Vink believes that entrepreneurs also need to be aware of serious operational weaknesses if they want opportunities and success in the long term.