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800-497-4030
Industrial Loss Consultants
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  • Submit An Assignment
  • About Us
    • About Us
    • Events
    • Commitment to Diversity
  • Our Services
    • Services Provided
    • Our Process
    • Area of Expertise
    • Types of Losses
    • Who We Serve
    • Cause and Origin
    • Project Recaps
  • Submit An Assignment

Project Recaps

Press Mechanical Failure

12/17/2018

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​ILC Assignment:
  • Site inspection of the insured’s press.
  • Determine whether the mechanical failure was due to a maintenance issue.
  • Determine if the repairs and their associated costs are fair and valid.

ILC Analysis:
  • ILC inspected the machine, reviewed the repairs and conducted an interview to understand the loss and determine if it the repair costs were valid.
  • ILC performed a desktop review and gathered information on how the loss occurred.

Summary:
  • ILC determined that the insured’s press failure was due to a mechanical breakdown rather than lack of maintenance.
  • The total of $31K to bring the press back to pre-loss condition provided by the manufacturer is fair and valid.
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Industrial Loss Consultants Inc

1699 Wall Street, Suite 218 
Mount Prospect, IL 60056
Phone: (800) 497-4030

About Us

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Types Of Losses

Who We Serve

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