The Solution Provider for Industrial, Commercial, and High-Tech Losses

By: Newtron Group  09-12-2011

  • On-site and off-site service.
  • Proven methods for decontaminating equipment and returning items to pre-loss condition.
  • Work alongside repair vendors and manufacturer's representatives to ensure the proper defining of scope involving equipment losses. Assistance in the reinstatement of existing third party service contracts.

    Cause & Origin Analysis, Damage Assessment, Value Assessment

  • Professional investigations into losses involving fire, smoke, water, chemical contamination, lightning, power surge, electrical/mechanical failure, vandalism, theft, and handling.
  • Newtron Group can provide both pre-loss and post-loss value assessments to determine the fair value of any item.
  • All analysis based on actual facts and figures produced from extensive research.
  • Unbiased, professional opinions and recommendations.
  • Detailed, comprehensive, easy to understand reports that can withstand the vigour of a court challenge.

    Project Consulting & Management

  • Newtron Group can act as an independent and expert technical advisor on large commercial claims, benefitting both the insurer and the insured.
  • Newtron Group's project consultant can coordinate a time line and critical path with the client and vendors, monitor the overall process, and oversee materials and logistics.
  • If required, Newtron Group can provide a Project Manager who is a one point contact that will ensure the entire loss is dealt with properly from start to finish in the most timely and cost effective manner.
  • Initial onsite assessments of losses followed by development and implementation of a plan with all key stakeholders and suppliers. Preparation of Gantt Chart or timeline for all key issues involved with a project and research-backed, accurate cost estimates for recovery plan implementation.
  • Running chronological notes for each of the issues submitted as regular updated reports, and assisting clients and/or suppliers in sourcing materials and labour while keeping clients and/or suppliers on track for completion.
  • Newtron Group will provide assistance in obtaining Pre-Start Reviews (PSRs) or other required engineering services.
  • When required we can monitor the commissioning process and submit a final report with a thorough review of the project and the issues that were dealt with. Our project management assists in limiting business interruption and identifying non-loss related issues.
  • Newtron Group will provide creative recovery plans to mitigate the loss and costs due to business interruption. One Newtron Group plan initiated the return of a plant to 50% capacity for an interim period and a B.I. savings of $1.25 million.
  • Efficient control of reconstruction tasks, costs and timelines. An example of this control resulted in a min. reduction of 4 weeks downtime for another claim, which meant an expense savings of $400,000.

    Technical Auditing

  • Newtron Group will assist accounting auditors by conducting a fair technical review of the loss and issues, including gathering information from the insured to identify possible betterments.
  • Identification of any technical discrepancies and/or betterments within invoices or costs.
  • Review of all invoices that are claimed by the client in order to determine whether the costs are actually loss related.
  • Analysis and separation of costly recovery labour not related to like kind and quality entitlement.
  • All findings provided in a detailed report and itemized, easy to navigate, colour-coded spreadsheets.
  • Emergency Response Service available 24 hours a day, 7 days a week across Canada.
  • Timely on site and off site service to mitigate losses and to minimize business interruption.

  • Equipment Decontamination and Restoration

    The information in this article was current at 06 Dec 2011