Catch a Break…Before it Happens
Summer spikes in equipment breakdown losses call for more risk control measures
June 21, 2010 10:01 AM Eastern Daylight Time
HARTFORD, Conn.--(EON: Enhanced Online News)--Today officially marks the start of summer and most
business owners are probably not thinking much about equipment breakdown. However, statistics confirm that the
sunny season can bring equipment failure and business continuity problems along with it.
Travelers (NYSE: TRV) recently analyzed data for air conditioning and refrigeration claims in 2009 and found a
sizeable increase in the number filed during the summer. Based on the historical analysis, the total number of air
conditioning and refrigeration claims may increase nearly 40 percent in the summer versus the rest of the year.
“Don’t leave it to chance and find your air conditioning and refrigeration systems, boilers or electrical distribution
equipment out of commission this summer,” said Anthony Giannone, President, Travelers Boiler & Machinery. “With
the likelihood of equipment troubles increasing at this point in the year, now is a great time for business owners to
consider taking preventative measures to ensure their equipment will continue running smoothly.”
Travelers provides business owners with valuable services to maintain equipment and to help business owners avoid
possible breakdowns and malfunctions. The services include, but are not limited to:
l Inspection of boilers, pressure vessels and other equipment: Through periodic inspection, licensed
professionals can find and detect malfunctions, provide recommendations and suggest reputable repair
l Risk control surveys and consulting: By learning about the condition and maintenance requirements of
their equipment, customers can build awareness of equipment management. Risk control consultants can help
spot potential hazards, give advice on loss prevention and help customers to maintain working equipment.
l Full-service account management: Business own