Asset Management — An Insurance Perspective

Abstract

The global insurance industry is vitally interested in the Asset Management systems that are implemented at industrial sites. While these systems are usually implemented to protect and manage plant and equipment, often the impact of these systems on the corporate financial model are overlooked. The type and effectiveness of the asset management system can affect the companies viability in terms of insurance cover and hence capital raising and risk profiling. This paper discusses the operation of the insurance market and the impact that asset management systems have on both the insurer and the insured.