The Solution Provider for Industrial, Commercial, and High-Tech Losses
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On-site and off-site service.
Equipment Decontamination and Restoration
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.
The information in this article was current at 06 Dec 2011