Energy
A generating asset is written down in the books long before it stops being essential, and the cover is sized on what it costs to replace, not on what appears on the balance sheet. The insurance market underwrites energy with a demanding technical criterion that our specialists know at first hand: machinery breakdown, lead times for turbines and transformers, contingent business interruption at the grid connection. We design with you a programme sized on the real plant.
The covers that support a company in this sector
Lo que nos preguntan en energy
Does the damage policy cover an equipment breakdown without an external cause?
The all-risk material damage covers any accidental damage except those expressly excluded, and the internal failure of a machine is among those exclusions. Recovering it requires the specific machinery breakdown cover, which is contracted separately, valued at new replacement cost, and excludes wear and tear, so the asset's condition weighs in the underwriting as much as the capital.
How many months of indemnity period is advisable to contract?
What the asset with the longest delivery time needs, including manufacturing, transport, assembly, and commissioning, plus the administrative time until it returns to normal operation. In generation, it is common for twelve months to be insufficient and for eighteen or twenty-four to better match the actual replacement time.
What if the connection point or the supplier stops?
The loss of margin due to a third party's stoppage is covered by the contingent interruption guarantee, which requires naming the supplier or the evacuation infrastructure in the policy and setting their own limit. Without this designation, the cover only responds when the material damage occurs within the plant.
Our publications related to the Energy sector
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Twelve checks that separate a negotiated renewal from a tacit renewal. Most are not related to the price.
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The work is not a homogeneous period. Testing, reception, maintenance, and ten-year guarantee respond to different logics and to different policies.
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Deductibles: how much to retain and with what numbers to decide it
Increasing the deductible always lowers the premium. The correct question is not how much it lowers, but how much risk is being purchased in return.
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