http://www.iremfirst.org/jforum/posts/list/7.page JForum - http://www.jforum.net ]]> http://www.iremfirst.org/jforum/posts/preList/11/15.page http://www.iremfirst.org/jforum/posts/preList/11/15.page GMT http://www.iremfirst.org/jforum/posts/preList/11/96.page http://www.iremfirst.org/jforum/posts/preList/11/96.page GMT http://www.iremfirst.org/jforum/posts/preList/11/112.page http://www.iremfirst.org/jforum/posts/preList/11/112.page GMT http://www.iremfirst.org/jforum/posts/preList/11/114.page http://www.iremfirst.org/jforum/posts/preList/11/114.page GMT http://www.iremfirst.org/jforum/posts/preList/11/130.page http://www.iremfirst.org/jforum/posts/preList/11/130.page GMT
We also provide copies of our minutes to our carrier to let them know risk management is a concern for us all. ]]> http://www.iremfirst.org/jforum/posts/preList/11/167.page http://www.iremfirst.org/jforum/posts/preList/11/167.page GMT http://www.iremfirst.org/jforum/posts/preList/11/2243.page http://www.iremfirst.org/jforum/posts/preList/11/2243.page GMT http://www.iremfirst.org/jforum/posts/preList/11/2257.page http://www.iremfirst.org/jforum/posts/preList/11/2257.page GMT
I see by the responses to the post so far, that people have a variety of different perspectives about what risk management means to them. I can offer our perspective on risk management as it relates to the safety of facilities and their occupants.

Building owners carry the risks and liabilities associated with a variety of equipment, systems and infrastructure that requires regular inspection. Facility managers or property managers are typically the ones tasked with the day-to-day responsibility for managing and ensuring inspections, repairing equipment, as needed, and ensuring regular, ongoing building and equipment maintenance. The key issue is the ultimate responsibility of building owners if something goes wrong.

Between the mandated inspection of building equipment and systems and routine equipment maintenance activities, lies a murky, undefined grey area of voluntary inspection, proactive maintenance activities and risk management for the facility manager or property manager. This is where the facility manager is tasked with balancing proactive inspection and maintenance activities with reactive maintenance and repair. The better the facility manager is at the responsibility, the smoother and more predictable are day-to-day operations for the facility manager and building owner.

Many facility managers have learned through experience that proactive inspection of equipment and systems saves money in the long run, reduces disruptions to building tenants and enables a more predictable stream of financial outlays and building maintenance costs. When performed strategically and efficiently, preventive maintenance is less expensive than reactive, breakdown maintenance.

Yet balancing financial and operational efficiencies with safety and productivity and legal requirements is a complex task.

Our solution is to make the task easier and more transparent through technology. Technology came relatively late to facility management, but as prices continue to fall and the user friendliness of applications increases, it is becoming a very useful tool for management of even small to mid-sized facilities. And although technology is no panacea, it does help to manage many of the tasks and responsibilities associated with safety and maintenance activities.

In a nutshell, technology can help track and manage information, which leads to greater efficiency and data and information that is more easily accessible/retrievable and visible and can more easily support decision making. Inspection- and maintenance-related documents and information can be easily archived, located and retrieved, significantly reducing incidents of misfiled or lost documents.

A wide variety of applications and functionality is available at many price points today. Applications enable facility managers to better manage and verify their maintenance activities including repairs, routine inspections, and preventive maintenance and report them to other stakeholders.

Significantly, insurance companies, property owners and real estate managers benefit from a comprehensive electronic record of safety inspection and maintenance activities. If liability questions arise, electronic records enable audit trails and accountability that help decision makers/an organization defend itself by showing that all required maintenance was performed in accordance with manufacturer's specifications, legal requirements and on schedule.

Maintenance activities can easily be prompted, email reminders automatically sent to ensure that maintenance is performed according to schedule, management can monitor the status of activities, and communication amongst all relevant stakeholders is facilitated.
Hope this perspective helps.
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Thank you]]> http://www.iremfirst.org/jforum/posts/preList/11/2576.page http://www.iremfirst.org/jforum/posts/preList/11/2576.page GMT
Thank you[/quote]

Jill,

At our self storage facility we have a simple form tenants sign indicating they are going to either purchase insurance or self-insure and that insurance is their responsibility for the contents in their unit.

Jeff]]> http://www.iremfirst.org/jforum/posts/preList/11/2581.page http://www.iremfirst.org/jforum/posts/preList/11/2581.page GMT
Chris Willoughby]]> http://www.iremfirst.org/jforum/posts/preList/11/2655.page http://www.iremfirst.org/jforum/posts/preList/11/2655.page GMT http://www.iremfirst.org/jforum/posts/preList/11/2929.page http://www.iremfirst.org/jforum/posts/preList/11/2929.page GMT http://www.iremfirst.org/jforum/posts/preList/11/2930.page http://www.iremfirst.org/jforum/posts/preList/11/2930.page GMT
So many carriers just seem to be these nobody companies that an agent will tell you "you are lucky to get". ]]> http://www.iremfirst.org/jforum/posts/preList/11/3068.page http://www.iremfirst.org/jforum/posts/preList/11/3068.page GMT http://www.iremfirst.org/jforum/posts/preList/11/3204.page http://www.iremfirst.org/jforum/posts/preList/11/3204.page GMT http://www.iremfirst.org/jforum/posts/preList/11/3236.page http://www.iremfirst.org/jforum/posts/preList/11/3236.page GMT The fire was contained to the oven, but smoke filled the apartment and stunk up the halls all through the building. There was over $3,500 worth of damages and cleaning bills. If they didn't have insurance they would've had to pay out of pocket, which I don't think they could've done all at once. ]]> http://www.iremfirst.org/jforum/posts/preList/11/3400.page http://www.iremfirst.org/jforum/posts/preList/11/3400.page GMT http://www.iremfirst.org/jforum/posts/preList/11/3467.page http://www.iremfirst.org/jforum/posts/preList/11/3467.page GMT