Hazard & Risk Assessment is a fire safety engineering service that quantitatively and qualitatively analyzes inherent fire and explosion hazards in industrial facilities to prevent potential incidents and minimize operational risks. We perform Quantitative Risk Assessment (QRA), Hazard Analysis, and fire/explosion scenario modeling in accordance with international standards including NFPA, FM Global, and ISO. Utilizing advanced engineering methodologies, our analysis includes explosion overpressure calculations, thermal radiation impact analysis, toxic gas dispersion modeling, and Consequence Analysis to predict damage zones and impact ranges. Through worst-case scenarios and alternative scenarios, we develop comprehensive risk profiles for critical facilities.
Our assessment services cover a wide range of industrial facilities including petrochemical, refinery, manufacturing, logistics, power generation, and energy storage facilities. Based on assessment findings, we provide practical and actionable risk mitigation measures including fire and explosion protection system design improvements, safety separation distance determination, hazardous area classification review, and emergency response planning.
Additionally, we support clients in responding to risk assessments from industrial property insurers such as FM Global and Allianz, enabling the achievement of Highly Protected Risk (HPR) status and improved property protection ratings, resulting in reduced insurance premiums while simultaneously enhancing facility safety.