Consulting Services Available

Risk Control Consulting…

• Risk control surveys
• Risk assessments
• Building valuations
• Emergency/Business continuity planning
• Fire Protection design review
• Program development
• Risk improvement solutions
• Training programs

…in all These Areas

• Fire/property
• Boiler & machinery
• General liability/public safety
• Products liability
• Builder’s risk
• Construction/contractor liability
• Environmental liability
• Motor vehicle fleet safety
• Security
• Occupational health and safety
• Worker’s compensation

Risk Control Reports

Physical inspections and risk control surveys are the core of our business. In each case, we provide a qualitative risk assessment that includes the identification of applicable risks and summary of controls in place. Gaps, if any, are highlighted and detailed within the body of the report. Photos, diagrams, and other attachments are included to help provide a clear perspective of the positive aspects of the risk, as well as risk improvement opportunities. These reports normally focus on specific risk areas and are customized to suit the needs of the client.

Risk Assessments

Risk assessments provide a more holistic review of all operational risks associated with the organization, whether they are insured or not. Our reports provide senior management with an objective evaluation of the potential impact of each risk on the organization, and the effectiveness of physical and management control systems currently in place. Improvements necessary to enhance the effectiveness of controls are recommended. Our customers find this to be an extremely valuable service which provides an element of due diligence to senior management as well as directors and officers.

Building Valuations

Determining accurate replacement and reconstruction costs is essential to ensure your building(s) are adequately insured. We provide valuation reports as part of the inspection and risk control survey process, or on a stand-alone basis. In the event the subject building is considered historically significant or has unique architectural features, we can arrange for a building appraisal. Most of the time, however, building replacement and/or reconstruction valuations are acceptable for insurance purposes.

Emergency/Business Continuity Planning

Climate change, pandemic outbreak, massive power outages and similar threats are confronting organizations of every size and in all sectors. Insurers, lenders, shareholders, auditors, customers, and in some cases the public, are putting more pressure on organizations to have plans in place in the face of these emerging threats. TRS has helped organizations prepare plans that will enable them to deal with:

• Emergencies – through plans that respond to an emergency event in a manner that minimizes injuries, illness, loss of life, property damage etc.
• Disaster recovery – through plans that will replace equipment, facilities, systems, infrastructure etc. to the pre-loss condition in the most efficient and cost effective manner
• Business continuity – through plans that will enable the critical business processes to continue until the situation returns to normal. This is the key to survival.

Fire Protection Design Review

A fire protection review involves reviewing the specifications for the design of a proposed sprinkler system, reviewing the prepared sprinkler design drawings and, inspecting the actual installation. Although the plan review is important to the insurance company design and inspection of the sprinkler system can be even more important to the owner or tenant.

It is important that sprinkler drawings are prepared to the proper specs or, the drawings may have to be re-done at a potential cost of thousands of dollars. Site inspection ensures that the sprinkler system was actually installed as per the approved drawings and the agreed design specs.

By thoroughly examining every stage of the fire protection design, TRS can save your business thousands of dollars by preventing the necessity of re-working your system.

Program development

Developing risk control programs involves creating and documenting policies, procedures, standards, guidelines and other written instructions - a time consuming task.

Many types of legislation and common law principles of reasonable care and due diligence require the formalization of programs in addition to monitoring compliance internally through inspections and audits. We have assisted clients with the development of programs and systems to check and record internal compliance.

Risk improvement solutions

Using our internal resources as well as strategic partners, we are able to find solutions that are reasonable and cost effective. Whether required by insurers, regulators or others, we devote the time required to provide several alternatives to accomplish the end result…adequate protection at minimal cost. Since we are not supported or affiliated with any other products or protection services, our solutions are objective and unbiased.

Training programs

Seminars, workshops and hands-on training sessions are available for your staff. TRS stays up to date on emerging issues such as climate change, pandemic planning, Bill C-45, codes and standards, and their impact on companies. We are available to do presentations to client groups at breakfast meetings, conferences or any corporate gathering. More in-depth training can be customized for management and employees in all areas.