Natural hazards portfolio analysis provides important mitigation, planning and insurance data for corporate risk managers and insurance companies.  Typical catastrophe models are designed for insurers and count on a large number of properties being in the portfolio to limit the level of uncertainty in the results.  For small portfolios, or ones made even smaller by concentration of values, it becomes imperative that the structural characteristics of properties that will drive the results are accurately captured.

CAT models also do not directly address the potential for damage to tenant improvements, contents and/or equipment, but rather assume a set correlation with the building damage.  While contents damage and building damage are certainly related, damage to contents at any specific location is heavily dependent on other factors, including hazard intensity at the location within the building where the contents are located, adequacy of existing bracing systems and practices, interaction vulnerability with other equipment and structures, impact from other system failures, etc.  The uncertainty associated with using only the output of the catastrophe model is quite high unless benchmarking by site surveys is done by knowledgeable engineers.

GRM engineers are structural engineers with expert knowledge of building systems and their performance in real catastrophes.  We can accurately and quickly determine correct structural characteristics of your facilities for portfolio analyses.

Our portfolio analyses don’t end with the computer output.  GRM risk engineers will study the results to make sure they are realistic.  Our engineers have personally surveyed hundreds of disasters worldwide and know the level of damage to expect.  We will help you interpret the computer results to come up with the optimum risk management decisions.