All If News

Human error risks in the delivery of raw materials: 17 June 2012; Human error can result in significant losses. Hence, insurance companies must pay more and more attention to the human factor in loss events. For example, the processing industries may suffer important losses due to human errors in the delivery of their raw materials.

Fatal accident on a heating plant: 06 May 2012; Two workers, one for the heating plant and the other one a truck driver, were emptying a load of stumps into a sieve when they heard a loud bang coming from the hammer crusher. The worker of the heating plant shut down the crusher and went inside to check what had caused the sound.

Frost and water damage in buildings: 19 February 2012; Lesson from Losses 1/2012. Water can be both a blessing and a curse. We are completely dependent upon it, whether for drinking, cooking, cleaning, production purposes in business, or quite simply the operation of buildings. Losing access to water can create great challenges for both businesses and private individuals. Cleaning up water damage can take time, and in the worst cases can involve mould, fungus, rot, and vermin in structures as a result of water damage if clean-up is not carried out quickly enough, or in the right way.

Plan, maintain and test your back up power system: 18 April 2011; Lessons from Losses 3/2011. The purpose of backup power systems is to safeguard power supply in the event of cuts or failures in the power supply network. Fortunately, power failures in Finland are not caused by earthquakes of magnitude 9.0, but by snow or storms, for example. Power cuts are common, and even short power failures can cause extended production stoppages, loss of profit and even hazardous circumstances, unless the company has a reliable backup power system.

The Revised Incoterms: 06 April 2011; Marine Newsletter 1/2011. The Incoterms are used daily by many different operators – salespeople, purchasers, forwarders, agents, bankers, insurers, lawyers, and so on. The individual clauses are used to define the parties in a transaction who take on the costs, risks, and responsibilities involved.

Product Liability RM methods of long supply chains: 06 March 2011; Lessons from Losses 2/2011. Supply chain risk management has become one of the most discussed areas to rise due to globalization. The outsourcing of production and cost efficiency targets with lean supply chains has led companies to face new risks. These risks are usually seen as continuity issues and threats to business and earnings.

The safe removal of snow and ice from roofs: 15 December 2010; A roof structure is in danger of collapsing when the snow load on the roof is distributed unevenly. Snow builds up easily, e.g. between parallel gable roofs or arched roofs. A great amount of snow can also accumulate on flat roofs.

Accidents with manlifts: 07 October 2010; Lessons from Losses 7/2010. During the recent years, there have been quite a lot of fatal accidents with manlifts such as cherry pickers, scissor lifts and boom lifts. These accidents are due to negligence regarding safety measures and the improper use of lifts. This Lessons from losses describes some of these accidents and gives hints and instructions for the safe use of manlifts.

Sprinkler installations: 09 June 2010; Lessons from losses 5/2010. Sprinklers are automatic extinguishing systems that are reliable and have a good damage-limitation effect on fire. When the sprinkler head opens, water is released. From a statistical point of view, this provides a high degree of functional reliability.

Breakdown of cold chain during pharmaceuticals transportation: 05 May 2010; Lessons from Losses 4/2010. Transport of temperature-sensitive materials such as medical products and foodstuffs has always been linked to increased risk of damage during transport of either complete or partial consignments.

Deliveries to exotic countries: 16 March 2010; Marine Newsletter 2/2010. Business is done where business is, and to many of our customers that means remote places and exotic countries all around the globe. Transportation risks can however be covered just about anywhere in the world.

Recourse from an industrial customer perspective: 02 February 2010; Lessons from Losses 1/2010. ‘It’s not over till the fat lady sings’ is a phrase that could well express the aim of If’s recourse activities: a customer suffers damage, we pay out compensation in accordance with the insurance agreement.

If helps a successful industry put the wind beneath its wings: 13 January 2010; Marine Newsletter 1/2010. The world’s leading manufacturer of wind-turbine blades is LM Glasfiber, which has supplied blades for more than a third of the wind turbines in the world, saving some 70 M tons of atmospheric CO2 by the production of green power.

Institute Cargo Clauses 2009: 05 October 2009; Marine Newsletter 3/2009. A brief comparison of the 1982 and 2009 Clauses.

Reducing crane fatalities: 27 August 2009; Lessons from Losses 6/2009. Small steps to avoid fatal casualties.

Electrical safety: 26 May 2009; Lessons from Losses 4/2009. For professionals, electrical safety usually means the prevention of electric shock and electric arc accidents. However, electrical fires cause more deaths. Last year in Finland, one person died in an electrical accident but several people were killed in electric fires. Of those killed by construction fires, 20% died in fires caused by electricity.

Human error risks in the delivery of raw materials