Property Loss Prevention | Standards Michigan

Property Loss Prevention

The insurance industry is one of the strongest, and well-financed interest groups in the standards system of any nation. Our focus on the user-interest (the weakest interest group in all global standards system) requires an understanding of the business objectives of the insurance industry. We do not advocate in the FM Global suite of documents; we simply track their presence in risk management practices and in the consensus documents where we have an opportunity to influence how, of if they effectively become part of our #TotalCostofOwnership agenda.

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Property Loss Prevention

October 11, 2018
mike@standardsmichigan.com
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Left Panel Of George Julian Zolnay’s Allegorical “Academic, Business & Manual Education” Granite Frieze At Francis L. Cardozo High School (Washington, DC)

FM Global is one of several organizations that produce technical and business documents that set the standard of care for education facilities.   These standards contribute to the reduction in the risk of property loss due to fire, weather conditions, and failure of electrical or mechanical equipment.  They incorporate nearly 200 years of property loss experience, research and engineering results, as well as input from consensus standards committees, equipment manufacturers and others.

A scan of its list data sheets today indicate a number of noteworthy updates of documents establishing minimum requirements for safety technologies common in education facilities:

  • Process safety
  • Hail damage
  • Cost trends
  • Vessels and piping
  • Hot work management

FM Global provides direct access to the full span of its documents at this link:

FM GLOBAL PROPERTY LOSS PREVENTION DATA SHEETS

You will need to set up (free) access credentials.   Our “door” is open every day at 11 AM Eastern time to discuss property loss guidance documents generally.  Use the login credentials at the upper right of our home page.

Issue: [Various]

Category: Risk Management, Facility Asset Management


Learn more HERE:

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Syracuse University presents an eclectic mix of risk management challenges

Jackson Laboratory

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