|
Coverage
The scale of power plants operations demand broad coverage and highly-technical expertise to underwrite these risks. Our energy policy provides coverage for:
- Property
- Machinery Breakdown
- Business Interruption
- CAR/EAR (including delay in start-up coverage)
CLIENT PROFILE
Electric Utilities principally engaged in the generation, transmission and/or distribution of electric power. Electric Utilities include investor owned utilities, publicly owned utilities, municipalities or cooperatives.
Geographic Focus
Global capabilities in 80+ countries through our owned and partner network.
Typical Limits
USD 150 million
Participation
Excess of Loss
Primary
Quota Share
Typical Information Required
To accurately evaluate risk, as a minimum, we require the following information:
- Electronic schedule of values (by location)
- Five-year loss record
- Policy terms/coverages required
- Location engineering information and surveys
Including but not limited to:
12 - Coal Mining
13 - Oil and Gas Extraction
15 - Construction - General Contractors & Operative Builders
16 - Heavy Construction, Except Building Construction, Contractor
17 - Construction - Special Trade Contractors
46 - Pipelines, Except Natural Gas
47 - Transportation Services
49 - Electric, Gas and Sanitary Services
Disclaimer
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverages may not be available in all jurisdictions, including without limitation any jurisdictions within the United States, and may be available only through appropriately licensed producers. Note: Products subject to legal and underwriting requirements. Specific product availability varies by global jurisdiction.
|
