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Chubb Urges Companies to Choose Building Sites Carefully; Knowing the Risks can Reduce Potential Losses.


Business Editors

WARREN, N.J.--(BUSINESS WIRE)--Aug. 30, 2002

Location is everything. However, some sites that look good on paper may have security risks that could lead to big losses for your business, warn two loss control specialists with the Chubb Group of Insurance Companies.

"From a site selection standpoint The Standpoint is a newspaper published in the British Virgin Islands. It was originally published under the name Pennysaver, largely as a shopping-coupon promotional newspaper, but since emerged as one of the most influential sources of journalism in the , you can better manage your loss potential through good site planning Site planning in landscape architecture and architecture refers to the organizational stage of the landscape design process. It involves the organization of land use zoning, access, circulation, privacy, security, shelter, land drainage, and other factors. ," said James R. Titterton, assistant vice president, Chubb & Son, and loss control practice leader, Chubb Commercial Insurance, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. "For example, if you're planning an urban setting you will have a different viewpoint on security controls than you would in a rural setting," he said.

Although urban and rural settings pose different security challenges, both can be protected. In urban settings, get to know the neighbors. Even if your business is not a potential target for criminal activity, the adjacent facilities may be. If their facilities are attacked, your operations might be disrupted dis·rupt  
tr.v. dis·rupt·ed, dis·rupt·ing, dis·rupts
1. To throw into confusion or disorder: Protesters disrupted the candidate's speech.

2.
 as well. In a rural setting, a business may consider a facility that is easily visible and not shrouded shroud  
n.
1. A cloth used to wrap a body for burial; a winding sheet.

2. Something that conceals, protects, or screens: under a shroud of fog.

3.
a.
 by shrubs and trees.

"If your business is a likely target for terrorists or burglars, it's best if the building is located in a place that creates concerns about getting away," said Victor Sordillo, vice president, Chubb & Son, and global technical services manager for loss control services, Chubb Commercial Insurance. "You don't want to make it easy for terrorists to hop on Verb 1. hop on - get up on the back of; "mount a horse"
bestride, climb on, jump on, mount up, get on, mount

move - move so as to change position, perform a nontranslational motion; "He moved his hand slightly to the right"
 a major highway and have multiple directions to choose from. You want to create an environment that traps them at the facility if an alarm goes off."

Before settling on a location, check with your insurer to discuss any potential problems regarding insurance for the site.

"If an insured has a very good partnership with its insurance carrier, broker or agent, it would make sense to ask, `We're thinking about this location. What kind of insurance and loss control issues should we be concerned about?'" Titterton said.

The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 5,000 independent agents and brokers. Chubb's global network includes branches and affiliates throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Asia and Australia.
COPYRIGHT 2002 Business Wire
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Chubb Urges Companies to Choose Building Sites Carefully; Knowing the Risks can Reduce Potential Losses.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 30, 2002
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