Expedited Solution Prevents Major Downtime and Safeguards Client Contract
ILC ASSIGNMENT
The insured was using a broaching machine and broaching bar to produce gun barrels when the broaching bar shattered during operation. At the time, the insured was under contract with a vendor and faced the risk of losing the contract if production was delayed. ILC was requested to conduct a visual inspection of the equipment to assess the extent of the damage and determine whether it could be repaired or required replacement. Additionally, ILC was tasked with identifying the cause of the loss and assisting the adjuster in evaluating options to minimize business interruption. Although a replacement broaching bar was located, it had a potential lead time of 22 weeks for delivery.
SOLUTIONS / RESULTS
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ILC identified a vendor capable of expediting the production of three broach bars with a lead time of 8 weeks, helping to preserve the client’s contract.
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The ILC Consultant closely monitored the operation of the new broach bars and confirmed that no further issues were found with the broaching machine.
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This expedited solution successfully prevented an additional 14 weeks of downtime, safeguarding the client’s production timeline.