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Reminders of their responsibilities as each scheduled maintenance item comes up are shared with the residents on a month by month basis in our monthly newsletters; bulletins are posted in the building; maintenance items by date are posted on the Condominium ’ s private website. Reminders are welcome to owners and ensure a more positive response to risk management from them. We have been doing a lot of these for years so most owners are familiar with the drill We are now coming up on 5 years without an insurance claim, water leak or otherwise. This has been recognized by our Insurance broker. Insurance companies will from time to time advise a Corporation they are going to attend a building to complete a Loss Prevention Inspection. The consultant does the inspection and notes recommendations to help a Corporation mitigate risk and loss. MSCC692 was inspected last month. We were very pleased with outcome of the inspection: “ We are pleased to advise that, at the time of our visit, there were no loss prevention issues noted which required recommendations for improvement and that the current loss prevention measures appear to include practices which adequately protect the hazards associated with the operations at this location. We appreciate your attention to Loss Prevention. ”
What are some of the Risk Management events that you promoted in your building?
IT IS IMPORTANT TO HAVE WRITTEN PROCEDURES IN PLACE FOR ALL TYPES OF EMERGENCIES FOR OWNERS TO EXPEDITE THE REPORTING PROCESS AND MITIGATE LOSS. FOR INSTANCE:
S HUT OFF THE WATER !
It is recommended that all residents be made aware of where shut-offs are located in the unit. Can be located at each appliance or at the water meter only. Seconds count!
WATER CLAIM PREVENTION
We implemented proactive programs and guidance/reminders to owners in order to safeguard against water leaks and backups in 2017: Annual regularly scheduled kitchen stack flushing by our plumbing company every summer for the past 5 years; Salliss Plumbing & Heating has confirmed that the “ flush ” has much less residue than in previous years. They said the pipes were in much better shape. The proof of the stack flushing maintenance is making an impact – there have been no kitchen sink or dishwasher “ back - ups ”, sludge forming etc. since the program was implemented in July 2017.
CCI Review 2022/2023 — 1
August 2022 - 23
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