Risk Advisory
CCi offers efficient and timely advice on risks across multiple industries via independent, third-party expert reviews. We are uniquely placed to support our clients across all phases of an insurable risk. The integration of our time, cost, and technical specialists allows us to offer services of increasing complexity in risk mitigation, acting as our clients’ trusted expert advisor.
Given the intricacies of modern construction, a commensurate knowledge of the technology, construction operations, project schedules, and cost impact are required to mitigate risk. CCi is ideally situated to partner with our clients across all phases of the engagement to provide expert, specific and evidence-based advice.
The CCi spectrum of services can assist all phases of a client’s engagement with a risk, from initial risk submission through final placement. In order of increasing complexity, our services are listed below:
- Marine Warranty Surveyor Scope Review or Development
- Review of proposed scope against JNRC 2023-029
- Desktop Study
- Expert review of key documentation describing the critical aspects of a construction risk
- Risk Rating
- Assessment of the risk presented against criteria derived from DNV GL RP N-101
- Constructability Review
- Alignment of the above services’ technical risk review with an analysis of the project schedule
- Estimated Maximum Loss (EML) Analysis
- Calculation of estimated exposure values using project asset values based on a sample set of plausible loss scenarios
- Construction Underwriting Report
- A combination of all the preceding services, this service provides a full desktop study of critical project documentation; indicates risk ratings for technical, environmental, and schedule exposures; and produces a comprehensive EML analysis.