Policy Stress Testing

Echelon has developed a ‘Stress Testing' service to gauge whether your policies will respond as you expect. We identify gaps in policy coverage and ambiguities in policy language; we consider the adequacy of policy limits and we recommend appropriate solutions.

Stress testing provides you with an additional level of certainty that the insurance products you buy are fit for purpose and that you have effectively and adequately transferred the financial risks to your insurer.

Corporate governance rules require company directors to appraise and evaluate risks that can materially affect the financial health of their business.

The normal strategy to mitigate business risks is to transfer the financial impact to insurers. Policy documents are, typically, filed away, only to re-emerge when a loss occurs.

Please contact us to see how Stress Testing can respond to your business needs.

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Power Case Study - Loss Scenario Testing

Loss Scenario Testing

Case Study
We were appointed by a power-sector client to undertake a business impact review based upon a predetermined loss scenario. The client insured its revenue generating assets and wanted to understand what would be the business consequences arising from the loss of its head office facility...