Energy has been recognized as the leading growth sector for India.
Each project is unique and can be financially complex, region-specific, and comprises of trans-national stakeholders.
Starting with review of the contracts between the principal and the contractors for reviewing insurable interest and defining responsibilities of Insurance responsibilities, our involvement also extended to data-driven risk evaluation; continuing with fact-based risk advice; culminating in the intelligent design and execution of insurance and risk management programs, we deliver customized and innovative solutions that have measurable and positive impact on our clients’ business.
Anviti’s Energy practice is committed to providing a broad range of risk advisory and insurance syndication solutions for any company or stakeholders involved in the construction or infrastructure sectors. The Energy specialty provides the highest level of service to this sector and related service industries. We service clients from:
- Oil Companies- Production & Exploration
- Drilling contractors
How do we do it?
Our team can promote risk advisory, project management and insurance/reinsurance syndication for all Energy, related clients and projects. Our expertise is in supporting clients in:
- Traditional energy producing establishments
- Renewable Energy & Energy Efficiency
- Power & Utility
- Waste & Water treatment
- Upstream (exploration/production)
- Major integrated and national oil and gas companies
- Midstream (pipelines/terminals/liquefied natural gas)
- Downstream (refining/petrochemical)
The Energy team is advising clients on projects with a focus on multi-party project financings for large contract energy projects. Our team has direct and substantive experience working with both domestic and international, Government oil companies, domestic and international commercial lenders in relation to these transactions.
Need for insurance in Energy sector
When dealing with insurance for energy sector, various variables must be taken into consideration, it has dynamic risk exposure due to various reasons. There is a definite need to design appropriate risk transfer solution for a project during the different phases of development – planning, designing, constructing, and operating.