RISK IMPROVEMENT REPORT

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Risk Improvement Summary Table 7

Risk Improvement Recommendations 8

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5309 Freight forwarders warehouse

1 High Hazard

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1 definitions

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“As Is” Score:

“To Be” Score

43.8 51.3

Final Risk Score "As Is" Final Score "To Be" Final Score

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Description of Risk Improvement Priority Ranking

The priority ranking is based upon the anticipated loss expectancy of the hazard/exposure identified by the risk surveyor.

Priority Ranking Anticipated Loss Property Damage

1 Anticipated loss is expected to be more than $10 million or 75 100% of the total insured value. Priority

Ranking 1 Recommendations should be given the highest priority by the client.

2 Anticipated loss is expected to be in the range of $5 to $10 million or 50 75% of the total insured value.

3 Anticipated loss is expected to be in the range of $1 to $5 million or 25 50% of the total insured value.

4 Anticipated loss is expected to be less than $1 million of the total insured value and less than 25% of the

total insured value. Priority Ranking 4 Recommendations should be given the lowest priority by the client.

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Public Liability - Minimum sum insured $10 million sum insured

Bodily Injury and Third Party Property Damage insurance for any vehicle,

crane or hoist used on site.

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Identify all combustible materials that are present at the work site.

All identified combustibles must be moved a safe distance away (at least 10 m).

All combustible materials that cannot be moved must be protected with suitable

fire-resistant guards/covers/curtains. This also applies to walls, partitions, ceilings,

or roofs of combustible construction (Eg: Timber or Particle Board). It is

recommended that this be done in areas with minimal combustible materials

present and not just in areas with high hazard storage, EPS construction, high

combustible plastics/rubber or areas with combustible/flammable vapours.

Adequate fire extinguishing equipment on hand during the hot works.

A formal fire isolation procedure/form must be completed if automatic fire

protection systems (Eg: sprinklers, smoke detectors, hydrants) have to be isolated

during the hot work. Fire isolation procedure must be signed off by

supervisor/manager once work has been completed and the fire protection

system switched back on.

A trained fire watch conducting a fire watch 60 minutes after work has been

completed.

Sign off by supervisor/manager (before work commences & after fire watch has

been completed)

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