1、SPONSORLUNCHPower Generation Claims Scenario Case StudyNeil Davis|SedgwickBhurima Tienwuttinun|MDD Forensic AccountantsIan Johnston|Clyde&Co ThailandDerek Gong|OskeferPower Generation Losses Case StudyAgenda The case study scenario The claim process The Cause Damage/remedial works Quantum assessment
2、 Property Damage Business Interruption Policy coverage concerns Subrogation/Recovery Questions(and answers?)Disclaimer:all photographs used in this presentation are for demonstration purpose only,which are not related to any specific loss.During normal operation a steam turbine trips on high vibrati
3、on.The plant operator contacts their appointed maintenance contractorInitial investigation by borescope shows significant damage to the last row of blades of the turbine,with failure of at least one blade.The loss is notified to insurersInsurers/reinsurers appoint a loss adjuster,and additional expe
4、rts are put on standbyPower Generation Loss Case StudyThe event scenarioGet ready for live pollingJoin live pollingAre you familiar with the claim handling process on a loss such as this?Live in 5 seconds12345Power Generation LossesSimplified claim processInvestigate and assesEstablish causeScope th
5、e remedial works Temporary and permanentApply Terms/Conditions/LimitationsCarry out the worksAddress on policy liabilityAddress quantum PD+BISettlementThe eventPower Generation LossesRoot Cause AnalysisRCA involves a systematic process of information gathering and evidence analysis.RCA Role of Techn
6、ical ConsultantInvestigate Cause(s)Common questions concerning gradual deterioration,fatigue,corrosion,wear and tear Proximate cause(s)and contributing factorsAssess Damage Extent Damage caused by the incident or separate issues Temporary repair vs.permanent repair Monitor the unit condition if temp