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Power & Utilities: Mastering the energy transition
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Power & Utilities: Mastering the energy transition

Tailored commercial insurance solutions for complex and large-scale risks

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    Stay ahead of emerging risks and evolving technologies in the power and utilities industry with tailored insurance solutions from a trusted longterm partner.

    In today's world, where demand for electricity is constantly increasing, power plants and utilities are the backbone of societies and economies. As this industry faces a highly complex risk environment driven by new technologies, decarbonization, environmental regulations and regulatory requirements, having reliable partners in the power sector is crucial.

    Munich Re F&C offers specialized coverage for traditional and non-traditional, proportional and non-proportional insurance with technical solutions for owners, operators and contractors of power plants and utilities. From the construction to the operational phase, be it for single or multiple locations, our experts provide innovative, high-performance risk transfer solutions for even the most complex and challenging risk scenarios posed by the energy, power and utility, renewable energy and construction sectors. 
    Industries we serve
    Our offering
    Services
    • Power plants / utilities
    • Low-carbon power generation using natural gas/hydrogen
    • Renewable energy (wind on- and offshore, solar, hydro, geothermal)
    • Nuclear power
    • Transmission and distribution / grid infrastructure (on- and offshore) 
    • Battery energy storage systems
    • Equipment manufacturers (OEM) and contractors (EPC)
    • All-risks operational property damage and business interruption including NatCat
    • Construction/erection/builders risk all-risk (including ALoP/DSU)
    • Multi-line structures
    • Risk management and assessment 
    • On-site inspection
    • NatCat assessment  
    • Engineering seminars/workshops
    • Claims management

    Why choose Munich Re

    Trusted expertise

    Managing and mitigating risk

    Financial strength

    We understand the complexity of the changing risk environment due to new technologies, environmental regulations and regulatory requirements. Particularly regarding the energy transition, it is essential to have a partner at your side who has been familiar with complex new technologies and risks for many years. 
    Our in-house and external risk engineering specialists complement your risk management efforts. From fast and fair claims handling to consistent risk assessment, our experts in claims, risk engineering and underwriting work with you to provide comprehensive insurance solutions for the energy transition.
    Our financial strength is highly rated by the industry’s leading rating agencies: A.M Best A+ (superior), Fitch AA (very strong) and S&P Global Ratings AA- (very strong). We have a total net capacity of 250 Mio USD/EUR  – offering comprehensive protection.
    Clemens Zipper, Chief Underwriting Officer Energy & Construction
    Munich Re F&C supports power and utility partners with complex risks and evolving technologies from construction to operation.
    Clemens Zipper
    Chief Underwriting Officer Energy & Construction

    Get in touch

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    Contact our expert

    Bernhard Müller
    Bernhard Müller
    Underwriting Manager Power & Utilities, Operational & Construction
    Munich Re Facultative & Corporate
    Munich Re Engineering Team Lead Doug Akerson
    Doug Akerson
    Underwriting Manager, New York, Operational Power & Construction
    Munich Re Facultative & Corporate
    David Thompson
    David Thompson
    Underwriting Manager, London, Operational Power & Construction
    Munich Re Facultative & Corporate
    Stewart Derek
    Derek Stewart
    Underwriting Manager, Toronto
    Canadian domiciled risks placed through Canadian brokers
    Tim Tse
    Tim Tse
    Head of Facultative & Corporate SEA, Singapore

    About Munich Re F&C: Leveraged expertise for individual and portfolio risks

    Munich Re F&C offers facultative reinsurance and corporate insurance solutions for large companies. With our collaborative approach and deep knowledge across all industries, our clients benefit from our risk assessment expertise, customized products and financial stability. Our client focus is rooted in our commitment to fostering partnerships for the long term. With our traditional and our innovative risk transfer solutions, we support you around the globe across all lines of business.
    Learn more about Munich Re F&C

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