Power, Utilities & Nuclear
Our specialist team focus on your industry only and therefore have a very broad understanding of its insurance needs. However, every insured is different and the most important part of our work is to listen to you to gain a specific understanding of your particular needs, what makes you tick, and then work with all of the resources at our disposal to ensure we match the very best insurance to those needs at the best price.
Electric and gas utilities
We can look after your physical damage and liability programmes for both:
- Operational facilities
We also have teams dedicated to terrorism, cyber, political violence, political risk and contract frustration.
Price Forbes have dedicated resource for all forms of renewable energy including solar (CSP, PV from residential to utility scale), on and off-shore wind, bioenergy including biogas and biomass, hydroelectric, geothermal, waste to energy, wave, tidal and energy storage. We manage and place a large portfolio of business from monoline to package placements including Marine, Construction and Operational Physical Damage, Time Element and Liability coverages as well as handling Risk Management and Project Consultancy. Please contact your team to discuss further.
We are well known for working successfully on “tricky to place” business such as prototypical equipment and high profile wild-fire exposed accounts.
Under our care we have some of the very largest power utilities, independent power companies, cooperatives, municipalities, gas transmission and distribution operations and related service companies. These power companies operate the full range of old and new technologies using all fuels: coal, gas, nuclear, solar, wind, hydro, biomass and anaerobic digesters.
We have been placing nuclear business since the 1950s and are the broker of several of the international nuclear pools. We have significant capacity available to cover both conventional perils and the nuclear peril for insureds who handle nuclear material whether power generation related or not. Our portfolio of insureds includes research reactors, fuel manufacturers, fuel processing, storage of nuclear material, decommissioning, and transporting nuclear material. If you have an account with any sort of nuclear exposure that you would like to discuss, please give us a call.