Risk Engineering
The Sovereign advantage
We’ll be there for you when you experience a loss. We also know that regardless of how good our claims service is, it’s in both our interests to be proactive in preventing loss. Our commitment to our partnership with you and your broker includes empowering you to reduce your risks. No matter what line of business you’re in, our experienced and knowledgeable Risk Specialists are experts at identifying and managing your risk exposures before they turn into a loss. Most importantly, when visiting your operation they take the time to educate and share proactive solutions so that you can continue to strengthen your risk management practices.
Experienced and knowledgeable
Our Risk Specialists have extensive operational experience. They pride themselves on continuous learning and keeping up to date on emerging trends and innovation so they can pass this knowledge on to you.
Experts at reducing risk
Our Risk Engineering team has deep public and private sector risk management experience. They include professional engineers, fire protection specialists and experts in long-haul trucking (including fleet safety management), operations management and equipment breakdown.
Industry-wide capabilities
As a valued service, we can provide risk evaluations for any industry and all lines of business. We’re proficient in evaluating highly protected risks, have extensive equipment inspection services and can provide jurisdictional inspections in both Ontario and Quebec through our trusted partners.
Risk management services to protect your business
Working closely with your broker, our Risk Specialists can provide risk management services across all industries and lines of business. Here’s an overview of how we can help your business become more resilient.
Manufacturing
Risk assessments may include...
- Provide insights into building valuation
- Evaluate adequacy of fire protection provided for your business – both public (e.g. municipal water supply, fire hydrants, etc.) and private (e.g. automatic sprinkler systems, fire extinguishers, etc.)
- Review your product liability exposures, including product safety, installation exposures and post-sale services
- Offer best practice solutions for your fleet safety management systems
How we help you
- Help you build redundancy in your operations and/or prepare for a potential interruption of your business
- Provide solutions to help you control, eliminate and mitigate any identified loss exposures (e.g. enhance fire protection systems in accordance with NFPA and National Fire Codes, advise on quality control procedures, provide input on supply chain management, etc.)
- Ensure you’re compliant with codes, acts and regulations concerning safe operation of boilers and pressure vessels
- Provide tools and resources to help you address the safety needs we identify
Construction
Risk assessments may include…
- Identify hazards at your property and at your construction job site
- Evaluate your use of construction equipment and your storage practices
- Evaluate your subcontractor management
- Identify potential for defects caused by a failure to conduct work in accordance to design specifications
- Evaluate fleet safety management systems
How we help you
- Visit your sites to help identify potential loss exposures
- Provide solutions and best practices to enhance the construction management and safety of both your site and your contractors
- Ensure best practice transportation of your construction equipment to a job site
- Provide tools and resources to help you address the safety needs we identify
Wholesale, Transportation and Logistics
Risk assessments may include…
- Provide insights into building valuation
- Evaluate adequacy of fire protection provided for your business – both public (e.g. municipal water supply, fire hydrants, etc.) and private (e.g. automatic sprinkler systems, fire extinguishers, etc.)
- Evaluate storage practices for your customers
- Assess cargo management practices
- Evaluate fleet safety management systems
- Provide tools and resources to help you address the safety needs we identify
How we help you
- Ensure best practice transportation of cargo
- Ensure that your carrier profile is maintained in good standing
- Provide tools and resources to help you address the safety needs we identify
Energy and Resources
Risk assessments may include…
- Conduct facilities risk evaluations, including production and processing equipment
- Conduct oil and gas facilities site visits, including the evaluation of hazards that expose field machinery and equipment
- Carry out resource facilities site visits
- Evaluate fleet safety management systems
How we help you
- Collaborate with your risk management team to ensure your needs are met
- Provide tools and resources to help you address the safety needs we identify
OUR SERVICES
- Manufacturing
- Construction
- Wholesale, Transportation and Logistics
- Energy and Resources
Manufacturing
Risk assessments may include...
- Provide insights into building valuation
- Evaluate adequacy of fire protection provided for your business – both public (e.g. municipal water supply, fire hydrants, etc.) and private (e.g. automatic sprinkler systems, fire extinguishers, etc.)
- Review your product liability exposures, including product safety, installation exposures and post-sale services
- Offer best practice solutions for your fleet safety management systems
How we help you
- Help you build redundancy in your operations and/or prepare for a potential interruption of your business
- Provide solutions to help you control, eliminate and mitigate any identified loss exposures (e.g. enhance fire protection systems in accordance with NFPA and National Fire Codes, advise on quality control procedures, provide input on supply chain management, etc.)
- Ensure you’re compliant with codes, acts and regulations concerning safe operation of boilers and pressure vessels
- Provide tools and resources to help you address the safety needs we identify
Construction
Risk assessments may include…
- Identify hazards at your property and at your construction job site
- Evaluate your use of construction equipment and your storage practices
- Evaluate your subcontractor management
- Identify potential for defects caused by a failure to conduct work in accordance to design specifications
- Evaluate fleet safety management systems
How we help you
- Visit your sites to help identify potential loss exposures
- Provide solutions and best practices to enhance the construction management and safety of both your site and your contractors
- Ensure best practice transportation of your construction equipment to a job site
- Provide tools and resources to help you address the safety needs we identify
Wholesale, Transportation and Logistics
Risk assessments may include…
- Provide insights into building valuation
- Evaluate adequacy of fire protection provided for your business – both public (e.g. municipal water supply, fire hydrants, etc.) and private (e.g. automatic sprinkler systems, fire extinguishers, etc.)
- Evaluate storage practices for your customers
- Assess cargo management practices
- Evaluate fleet safety management systems
- Provide tools and resources to help you address the safety needs we identify
How we help you
- Ensure best practice transportation of cargo
- Ensure that your carrier profile is maintained in good standing
- Provide tools and resources to help you address the safety needs we identify
Energy and Resources
Risk assessments may include…
- Conduct facilities risk evaluations, including production and processing equipment
- Conduct oil and gas facilities site visits, including the evaluation of hazards that expose field machinery and equipment
- Carry out resource facilities site visits
- Evaluate fleet safety management systems
How we help you
- Collaborate with your risk management team to ensure your needs are met
- Provide tools and resources to help you address the safety needs we identify