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Boiler & Property Consulting, LLC Ranked #1 by Jurisdiction Online for 19 Straight Months

Boiler & Property Consulting, a Buford, GA jurisdictional boiler inspection firm operating in conjunction with XL Insurance America (XLIA), recently announced it was ranked #1 by Jurisdiction Online for maintaining the lowest percentage of overdue objects for 19 straight months.

Since its beginning eight years ago, BPC has quickly grown to be one of the top boiler inspection companies in the United States. The company has inspectors nationwide and services all industries including power generation, basic metals, chemical, steel and pulp & paper.

The company has used Jurisdiction Online for the past five years. Jurisdiction Online supports regulatory code enforcement workflows, risk management workflows and jurisdictional accounting needs associated with regulatory activities. Its products are used by agencies in 31 states, more than 90 local jurisdictions and multiple Fortune 500 and private sector companies, including major insurers involved in the boiler and pressure vessel (BPV) market.

Each month, Jurisdiction Online releases a report ranking users on their percentage of overdue objects. BPC has maintained the lowest percentage of overdues and stayed at the top of the list for the past 19 months.

 

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Boiler & Property Consulting, LLC Ranked #1 by Jurisdiction Online for 16 Straight Months

Boiler & Property Consulting, a Buford, GA jurisdictional boiler inspection company operating in conjunction with XL Insurance America (XLIA), recently announced it was ranked #1 by Jurisdiction Online for maintaining the lowest percentage of overdue objects for 16 straight months.

Since its beginning eight years ago, BPC has quickly grown to be one of the top boiler inspection companies in the United States. The company has inspectors nationwide and services all industries including power generation, basic metals, chemical, steel and pulp & paper.

The company has used Jurisdiction Online for the past five years. Jurisdiction Online supports regulatory code enforcement workflows, risk management workflows and jurisdictional accounting needs associated with regulatory activities. Its products are used by agencies in 31 states, more than 90 local jurisdictions and multiple Fortune 500 and private sector companies, including major insurers involved in the boiler and pressure vessel (BPV) market.

Each month, Jurisdiction Online releases a report ranking users on their percentage of overdue objects. BPC has maintained the lowest percentage of overdues and stayed at the top of the list for the past 16 months.

 

Boiler & Property Consulting, LLC Ranked #1 by Jurisdiction Online for 13 Straight Months

Boiler & Property Consulting, a Buford, GA jurisdictional boiler inspection services company operating in conjunction with XL Insurance America (XLIA), recently announced it was ranked #1 by Jurisdiction Online for maintaining the lowest percentage of overdue objects for 13 straight months.

“We take our customers’ safety and compliance very seriously and have worked hard to ensure our customers’ boilers and pressure vessels are inspected properly and on time. Being ranked as #1 for 13 straight months clearly illustrates our commitment to customer service,” said Venus Newton, president of Boiler & Property Consulting. “We work closely with our customers to get their inspections scheduled and completed on time, and when they can’t be completed on time we coordinate between the customer and jurisdiction to get inspections extended in accordance with the applicable rules and regulations. We accomplished all of this while growing our volume at a rate of 20 percent over last year.”

Since its beginning eight years ago, BPC has quickly grown to be one of the top boiler inspection companies in the United States. The company has inspectors nationwide and services all industries including power generation, basic metals, chemical, steel and pulp & paper.

The company has used Jurisdiction Online for the past five years. Jurisdiction Online supports regulatory code enforcement workflows, risk management workflows and jurisdictional accounting needs associated with regulatory activities. Its products are used by agencies in 31 states, more than 90 local jurisdictions and multiple Fortune 500 and private sector companies, including major insurers involved in the boiler and pressure vessel (BPV) market.

Each month, Jurisdiction Online releases a report ranking users on their percentage of overdue objects. BPC has maintained the lowest percentage of overdues and stayed at the top of the list for the past 13 months.

“Being ranked as #1 for 13 straight months by Jurisdiction Online is an accomplishment we’re proud of,” Newton said. “At BPC we don’t just talk about customer service, we know what it takes to meet our customers’ high expectations and we deliver on that promise.”

What’s Does Good Corporate Governance Mean for BPC?

By Brandon Loveridge, CFO

BPC just concluded its 17th board of directors meeting at the home office last week. Good corporate governance is very important to both us and our partner AXA XL and we take this responsibility very seriously. Some of our newer employees may not be as familiar with this part of the business, so I will outline a few of our management practices and why they are important.

BPC was incorporated as a limited liability corporation in the state of Delaware in August 2010. Shortly thereafter the company formed a partnership with Global Asset Protection Services to provide them with jurisdictional and other risk evaluation services. Since then, BPC’s board of directors has met twice a year to provide the strategic direction for the company. The board is comprised of three members – one representative from AXA XL and two BPC executives. Together as a group they make major decisions for the company based on input from our employees, management team, tax and insurance advisors, and our legal counsel. Each of the board members has a fiduciary duty to make sound decisions that will keep the company on the right track. In addition to regular board meetings, we also have an annual year-end meeting with our tax advisors to review our financials in detail and talk about how to best manage our revenue and expense growth for the following year. Their input is very helpful since they are able to advise us on financial best practices as well as how we compare to other companies our size and in similar industries. These annual meeting are important because they provide transparency to our partner AXA XL, which has full access to our books and records. The meetings are also an opportunity to discuss face to face what the opportunities and challenges are for each partner, and how we can each help the other address them effectively.

The result is that the company is moving in the right direction and is on very sound financial footing. Since 2010, BPC has grown at an annual rate of 15% per year. We are poised next year for record revenue and field staff headcount as we push aggressively into the government market and into new states for CO2 work. We appreciate each of you being a part of our team, since we simply cannot achieve great results without great effort from great people. Keep up your hard work, and rest assured that we are working hard to ensure BPC will be around for a long time and will continue toward the goal of being the employer of choice for inspection professionals.

From the President

By Venus Newton, President

We’ve had a strong year to date, despite experiencing a higher level of competition than before on every account we write. The increased competition has pushed us to substantially increase our production efficiency in order to remain competitive with our pricing. Thanks to your team efforts we have managed to meet this competition head on by increasing our operational efficiencies while still maintaining the highest level of service available in the market.  The final numbers are not in yet, but it looks like we are going to hold onto our first-place position of being the best at managing our overdues as ranked by JO for an entire year.  It’s always a challenge to ensure we deliver the highest level of customer service, while being aware of the cost associated with delivering this service, but you, our team, are doing a very good job meeting this challenge.

While we’ve done a good job so far, we still need to continue to look for ways to improve our personal efficiencies, which roll up into overall company efficiencies.  Then with increased efficiencies we can ensure that our pricing is competitive so that we can continue to grow our business in a profitable manner.  In an organization the size of ours, each member of our staff has a significant impact on our overall results – both positive and negative.

We have plenty of work to keep us busy through the end of the year with jurisdictional inspections and Boiler and Property Risk Assessments. This time of year can be particularly trying to get work done, between all the holidays, hunting season and winter weather, but we have an experienced staff who all know how to navigate these challenges. I am confident we will finish the year strong and set the stage for another successful year in 2019.

The details are still being worked out concerning AXA’s acquisition of XL Catlin, but we expect business to remain as usual during this transitional phase as they figure out all the legalities and nuances.  Going forward, it just means we’ll have additional opportunities for growth in all areas of our business.  In the meantime, please be patient as the details are finalized.

Keep up the good work and be safe during this busy time of the year!


Global Engineering Excellence

Part owned by GAPS, an XL Group company