Energy sector: reliable protection in spite of great challenges
The energy sector is an industry that presents a great number of challenges. Due to continual technical development on the one hand and ongoing changes to legislation on the other, this sector can hardly be compared to any other industry.
Protecting companies in the energy sector requires a high level of technical knowledge, industry experience and what’s more, a good network. In the dynamic market of energy generation and supply, investment and planning security can result in competitive advantages for companies. With its comprehensive competencies on the insurance market and extensive expertise in consulting and risk management, the Funk energy team can contribute to your company’s success.
Insurance services for energy companies
- Property damage insurance against fire/explosion and machinery breakdown (technical and organisational fire protection)
- Business interruption insurance due to property damage and machinery breakdown
- Insurance for operational buildings/technical systems
- Photovoltaic insurance, insurance for wind turbines etc.
- Liability insurance for third party claims resulting from the operation or the products themselves
- Professional liability insurance
- Insolvency insurance
- Environmental insurance against production risks
- Product recall insurance
- Marine cargo insurance
- Credit insurance
- D&O insurance
- Legal protection and criminal defence insurance
- Vehicle insurance
- Employee health and benefits concepts
The Funk energy team as your strong partner
For decades, Funk has worked with large energy providers from a wide range of fields, involving both conventional and renewable energies:
- Gas-fired power plants
- Coal-fired power plants
- RDF-fired power plants
- Wind power
- Water power
- Solar power
- Bioenergy
- Geothermal power
Whether it’s in installation or operational phases, the Funk energy team verifies and assesses your insurance cover and provides personal and independent advice: from an all-risks-cover and business interruption insurance to heavy machine insurance agreements and complex liability scenarios. Should a claim arise, you are well protected by our claims management. That’s how we act as a strong long-term partner for our clients.
Risks
Liability risks
The potential liability of companies varies depending on the industry or clientele. Nevertheless, all companies have one thing in common: even small mistakes can lead to severe losses.
Property damage and BI risks
While property insurance is a basic protection every company should have, the risk of business interruption is increasing steadily as well – especially for globally connected players.
Risks in M&A processes
The M&A market is booming: in a constantly changing market environment, transactions are the key to the success and future viability of companies. But their risks should not be underestimated.
Services
Funk China
Investing and operating outside of China becomes more and more essential for Chinese companies. The Funk China Division supports its Chinese clients in managing the risks, challenges and chances of worldwide outbound investments.
Insurance + risk management
Funk devises and implements holistic risk and insurance solutions for companies across all industries, sectors and countries. In doing so, our experts do not only secure your individual assets but also create genuine added value for your company.
Employee health + benefits
Employee benefits concepts are a sustainable component of a good corporate policy. Funk provides comprehensive, transparent advice with a view towards the long-term advantages for your company and your employees.
