
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 long-term 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, and regulatory requirements (e.g. environmental), having reliable partners in the power sector is crucial. Moreover, the increased power demand due to AI and other digital technologies adds another layer of complexity to the industry's risk landscape.
Munich Re F&C offers specialized coverage for traditional and non-traditional, proportional and non-proportional insurance with technical solutions for contractors and operators of power plants and electrical networks. 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 power and electrical networks operators, be that conventional, nuclear or renewable energy.
Industries we serve
Our offering
Services
- Power plants
- 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/assessment
- On-site inspection
- NatCat assessment
- Claims management
- Engineering seminars/workshops
Why choose Munich Re
Trusted expertise
Managing and mitigating risk
Financial strength
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Munich Re F&C supports power and utility partners with complex risks and evolving technologies from construction to operation.
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