Fire Risk Assessments + Feasibility Studies

Using simulation models and testing, our fire safety experts can assist in carrying out a thorough risk analysis to identify potential vulnerabilities and evaluate the effectiveness of proposed fire protection systems. This includes a complete analysis of buildings, processes, and materials and their impact on fires and explosions in all aspects, including product toxicity and combustion. We are also able to evaluate risk exposure to natural events (e.g., earthquakes) from a property conservation perspective.

Regulations require fire safety management (FSM) documents to be revised at specific intervals and updated when activity changes. Through a due diligence review, our fire safety experts can help clients assess their fire risk and safety arrangements to ensure compliance with best practices, standards and legislation. We are able to assist with review and preparation of plans and procedures for fire safety installations, maintenance, evacuation, and training and can help compile all essential documents. If necessary, our team can also update FSM documents if changes are required.

Risk assessments often use metrics to grade, evaluate, and order risks for better decision-making and prioritization of actions. A risk grading system can be specifically employed to establish criteria for both performance improvement and insurance cost-sharing. Our team can help establish dynamic key performance indicators (KPI) – such as maximum loss value and insurance cost variation - to evaluate the correctness of risk grading as well as the adequacy of a loss prevention program. We provide comparisons between KPIs and actual quantitative outcomes to help provide a measure of risk reduction.