Blue-chip insurance cost reduction, UK
Blue-chip insurance cost reduction, UK
2 PagesBlue-chip insurance cost reduction, UK Customer: GlaxoSmithKline (GSK) Location: Montrose, Scotland Application: Power Transformer Highest Voltage: 33kV Rating: 10MVA Date: 2008 GlaxoSmithKline’s factory in Montrose is engaged in the manufacture of primary actives for vaccines and respiratory medicines, and has been at the site since 1952. The laboratories within GSK Montrose focus on physical properties analysis and particle sciences. In order to keep insurance costs lower it is sometimes the case that factories such as those owned by GSK will obtain Highly Protected Risk (HPR) status. HPR property is judged to be subject to a much lower than normal probability of loss by virtue of low hazard occupancy or property type, superior construction, special fire protection equipment and procedur
