Starr Marine, a division of Starr Insurance Companies, has introduced a comprehensive Terminal Management System (TMS) Assessment Program, designed to help Starr clients identify and reduce the risks unique to marine terminal operations of all sizes.
The TMS program, developed in conjunction with industry experts, is a proprietary tool created to measure terminal operations against industry best practices. Using independent marine surveyors, the Starr Marine Loss Control Services Team works with the terminal’s management to conduct a thorough on-site evaluation and review of operational, maintenance and safety procedures.
The assessment provides clients with a benchmarked score and detailed recommendations to enhance risk management initiatives and loss control plans for their operations.
“Our efforts to develop the TMS tool predates the recent spate of high-profile port losses,” said Matthew Davis, senior vice president and head of Starr Marine. “Events like these, however, are a reminder of why Starr’s loss control approach is central to how we work with clients – to prevent losses before they happen.”