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Equipment Loss Consulting

Equipment Loss Consulting

Property damage claims involving technical equipment can be catastrophic for policyholders and extremely complicated for insurers to navigate. Our team of global multi-disciplinary equipment loss consultants includes niche subject matter experts, highly specialized equipment engineers, rotating machinery and industrial equipment experts, and mechanical, electrical, plumbing (MEP) specialists.

Envista's equipment loss consulting experts assess the site as quickly and thoroughly as possible, precisely predicting, inspecting, and communicating potential exposure. We provide an accurate, detailed level of reporting, advice, and consultation in order to get our clients back in production as soon as possible.

In addition, our team is equipped with the latest tools and technology. Envista's access to high-resolution digital cameras, IR/thermal cameras, Matterport laser scanning equipment, 4k resolution drone cameras, and high accuracy measurement software allows for complete, detailed, and accurate documentation of the loss location.

Equipment Loss Consulting Services

We can handle losses that arise from age-related wear and tear, breakdown, chemical contamination, equipment failure, fire, lightning, power surge, power outage data corruption, data loss, operator error, water intrusion, and more. Our experienced, industry-leading equipment loss consultants and engineers provide comprehensive post-loss assessments, services, and guidance with quick, responsive communication.

Our equipment expertise includes, but is not limited to:

  • Causation conclusions and reporting
  • Cost estimation
  • Determining reinstatement options
  • Expert witness and litigation support
  • Locating salvage buyers
  • Providing future joint laboratory analysis of evidence
  • Repair and replacement analysis
  • Salvage potential
  • Scope and extent of damage
  • Validation of restoration work
  • Verifing cause of damage and/or contamination
  • Wipe sample analysis to quantify contamination
  • Chemical analysis of engine fluids (i.e. oil, glycol)
  • Determining expected useful life of the equipment
  • Determining scope and extent of damage
  • Lightning verification
  • Project managing recovery efforts
  • Providing reinstatement cost estimates
  • Researching/calculating ACV
  • Securing and storage of evidence
  • Supporting subrogation efforts
  • Vendor coordination for pricing/proposal validation
  • Warranty options and reinstatement
Need an Equipment Loss Consultant?

Envista’s multi-disciplinary team can collaborate through real-time video conferencing during onsite inspections.

Visit our Expert Directory or contact us.

Case Study
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Post-Ransomware Cost Review
After a mid-sized manufacturing company encountered a ransomware attack that encrypted production data, Envista's Data Loss Consulting team was brought in to confirm the attack and determine the cost to remediate the damage.
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