Any site which has the potential for major accidents usually has high capital value and the potential to cause large consequential losses. Insurance premiums can be high and some types of loss difficult to insure against. Transfer of some risks of financial loss can be part of a risk management strategy but only if the cost of transfer is lower than the cost of risk reduction. A professional risk surveyor’s inspection and report, preferably backed up with risk analysis to quantify potential loss and likelihood can provide the basis for negotiating reduced premiums, or in some cases enable insurance cover to be obtained. It may also inform the risk manager or insurance company on the levels of excess, re-insurance or exclusions to consider.