Keeping the lights – water, gas, web and more – running involves logistical challenges of all kinds, and includes quite a few avenues of risk.
The power and utilities industry sits uniquely between the spaces of municipality management, public works and private ventures — oftentimes working together to provide the populace with everything they need to live, work and prosper.
While there may always be further opportunities to move across the industry, there are also more than a few potentially catastrophic risks involved. Inclement weather and machinery breakdown can interrupt service – and business. Worksite safety, fleet management and incessant government regulations are perennial concerns. Meanwhile, to remain competitive and effective, you’re engaged in constant upkeep. Ensuring your exposures are accounted for and your operation is compliant can present a seemingly insurmountable challenge.
The right partner can help you take stock of your risks and coverages, plan for the future and account for the various requirements you face day in and day out.
NFP’s power and utilities industry experts understand the unique challenges that come with maintaining and improving the utilities that keep the world running. We’re uniquely positioned in the Canadian marketplace to work alongside you and across disciplines to explore and understand your operation’s unique exposures and deliver a comprehensive risk management platform to address them.
Our experts take special care in addressing exposures related to:
- Builders risk
- Business auto liability and physical damage
- Computer fraud
- Computers/cyber risk
- Directors and officers liability
- Employee benefits liability
- Employment-related practices liability
- Equipment breakdown
- General liability
- Hired and non-ownership liability
- On/off-premises liability
- Ordinance/law
- Physical damage
- Pollution liability, spillage/contamination
- Professional liability
- Real and business personal property
- Utility services
- Valuable papers and records
You need a partner who grasps the breadth and nuance of your industry. Trust our experts to keep you abreast of today’s problems, tomorrow’s opportunities and the work that needs to get done to help your organization, your community and your clients thrive.