Reducing the Operation Risks and Industrial Accidents- from the Aspect of Utilizing the Mechanism of Property Insurance
Dr. Chiun-Hsun Chen
Dr. Chien-Jung Chen
|關鍵字:||風險控制;風險評級;risk control;risk grading|
To maximize the shareholders’ benefits is the main purpose of business activities. Therefore, how to achieve cost-down efficiently and to minimize the losses generated from incidents caused shall be regarded as the most important tasks for all management. Among various corporate operation risks, companies can obtain financially relief by transferring most physical risks to property insurers. However, how to lower the operating risks and costs (including insurance expenses) by purchasing insurance policies to cover physical damages and utilizing the loss prevention services provided by insurers to minimize the probability and intensity of accidents properly are becoming more necessary and technical. In this thesis, it tries to use property insurers’ point of view to discuss the above. First, the work introduces local property insurance market, insurers’ underwriting processes and evaluation methods. After that, it talks about the contents of the loss prevention consulting service provided by local property insurance companies and then uses three different case studies in different industries to demonstrate how the engineers in insurance companies to conduct the loss prevention consulting services. To explore the functions and aftermath of the loss prevention consulting service, this work uses several real examples to show the difference in risk improvement after the insured adopt the engineers’ suggestions to improve their own risks by comparing risk level on insurance companies’ internal risk grading systems before and after the clients adopting insurance companies’ loss prevention consulting services. The results show that loss prevention consulting service provided by insurance companies could bring physical improvements in risk condition to their clients once their clients accept their recommendations to make physical changes to improve their safety management issues or facilities. Finally, this thesis conducts a survey to industrial facilities, who have had such services provided by insurance companies. According to the result of the survey, most small and medium enterprises do not have risk management departments for the cost reason, but have industrial safety divisions. Generally, such divisions are not professional enough and limited to manpower and equipment. In this situation, the insurance companies’ loss prevention engineering consulting teams seem more professional than their clients. By the survey result, the free loss prevention consulting services provided by insurance companies have won a positive reaction and good reputation from those small and medium companies. However, for the big industrial clients, especially for those in high-tech industry, the loss prevention consulting services provided by insurance company seem not as professional as them. Due to the industrial fire catastrophes occurred in Taiwan that brought huge losses to enterprises in recent years, lots of big companies have poured huge budgets to set up high level risk management departments and hire lots of professionals. The state-of-art loss prevention and control standards and technologies have been brought to Taiwan from those advanced industrial countries. As a consequcnce, few local insurance companies’ loss prevention engineering teams have the abilities to provide big companies the relatively high level consulting services. Therefore, there still be a long road for local insurance companies’ loss prevention engineers to learn even they have been recognized by most small and medium companies.
|Appears in Collections:||Thesis|