“Insurance Risk Engineering”
ALPS risk engineers have worked for many years supporting property and engineering underwriters during their careers.
ALPS can therefore train “insurance risk engineers” for insurance companies with focus on:
- Characterization and choice of industry occupancy codes
- Underwriting “risk quality” in various industries (Construction, Occupancy, Protection, Exposures) focusing on man-made as well as natural peril risks
- Hazard mitigation and protection systems in various industries
- Loss estimates, namely classical “MFL” (maximum foreseeable loss) and also mitigated loss estimates like ALPS defined “AML” (anticipated mitigated loss) or “NLE” (normal loss expectancy) concepts and methodologies.
- Loss prevention strategies and fire protection (see further focus points)
- Issuance of risk improvement measures