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SITUATION
A major fire at an electricity generation plant in Thailand left a 14% deficit in the nation’s power capacity. The financial costs were potentially enormous.
SCENARIO
Our adjusting team moved quickly, taking control of the loss mitigation process and using temporary repairs and local labour to recover 85% of power within 30 days.
OUTCOME
From there, our multi-skilled on-site loss team worked with the insured in the management of the repair project to completion, achieving a mitigation saving of $20m against the initial budget.
