insurance brokerage services for offshore wind farms

„Review and advising on liability, indemnity and insurance clauses“

„Performing gap analysis of insurance cover and contractual liabilities/ indemnities“

„Preparation, review and optimization of insurance schedules“

„Ensuring optimal, comprehensive, up-to-date, and internationally consistent insurance coverage for all operational risks, provided it is economically reasonable and insurable“

„Ongoing analysis of the Client’s existing insurance coverage and insurance needs, as well as proactive advice on updating and realigning the insurance concept, including the review of alternative coverage concepts and further optimization potential.“

„Planning and execution of national and international tenders for insurance coverage, including preparation of all necessary tender documents, provision of risk information, and drafting of wordings for insurers.“

„Placement of the coverage concept agreed with the Client“

„Conducting annual strategy workshops and insurance-related training sessions“

„Conducting risk dialogues with insurers“

„Reporting and recording of sums insured for all policies, including consistency checks between master and local covers“

„Organization and execution of risk inspections, including follow-up on recommendations, review of reports, and documentation“

„Advice on insurance requirements for fire protection and security concepts as well as regulatory requirements“

„Risk analysis of critical locations“

„Coordination of cross-line interfaces“

„Ongoing administration of insurance contracts (policies), including all payment transactions (such as premium allocation overviews, declarations, preparation of premium invoices, and premium collection) in coordination with the client“

„Issuance, review, and continuous optimization of insurance terms and conditions, as well as development of individual policy wordings where possible“

„Preparation and maintenance of insurance overviews, cover notes, insurance confirmations/certificates, and an insurance manual“

„Coordination of international insurance programs and ensuring consistency between master and local policies“

„Professional advice on insurance coverage and insurance clauses in contracts, including answering insurance-related questions and providing project-specific comments; insurance-related project consulting“

„Support and coordination of claims, including major and serial losses“

„Case-specific review of existing insurance coverage and coordination of necessary immediate measures“

„Organization and support of necessary loss inspections“

„Timely notification/reporting to the insurer“

„Insurance-related advice during negotiations with insurers, authorities, and the press“

„Assistance in determining and recording all loss-related and indemnifiable costs“

„Advice on the selection of suitable experts“

„Ongoing support during negotiations with insurers and experts, and representation of the client’s interests towards the insurer regarding indemnification“

„Requesting appropriate advance payments“

„Support for lawyers in preparing for legal and out-of-court disputes“

„Claims settlement, including handling of payment transactions“