Energy Insurance

Energy

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
  • Mining

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.

Anviti offers the following solutions:

Consulting

Benefit team design structures, cost projections, integration of claims with health promotion offerings and benchmarking that positively impacts pricing for future renewals.

Employee Engagement

We will demonstrate uncompromising high standards of integrity and honesty in our solutions and engagement with our clients, colleagues and partners.

Benefits Technology

With our tailormade benefits technology solutions, clients’ benefits delivery processes become more efficient. We provide the right applications that help employers centralize activities, increase compliance with regulatory requirements and eliminate data errors.

Health Promotion

We provide end-to-end support and coordination of all health promotion activities including helping you identify the right employee health goals and objectives and program components, identifying the best fit solution for stakeholders, develop a health risk prevention strategy, and conduct the right health risk classification with a suitable corrective plan.

Benefit Administration

To manage the policy better and to ensure more favorable employee experience, we provide various support activities including, Vendor Selection and Management, Rate Negotiations, Third Party Administrator (TPA) Audits, Document Due Diligence, Benefit Communication, Claim Monitoring and support, Data and Endorsement Management, Web Based Benefit Portal, Regular benefits review, and Compliance and Audit Support.

Benefit Communication

We provide communications design, content development, production support (excluding materials cost). This will be supported by a professional content, design team and will provide support in benefit transition communications, voluntary plan enrollment communications.

What can Anviti do?

We provide expert input and advice on insurance program design, technical, contractual and placement matters.

We partner with our clients in responding to tenders and in presenting advisory services and solutions to risk-based issues in the Energy sector with rich experience from global network partners.

Global reach through network partners

Our Services and Products Include:

  • End to End Risk assessment -Risk Transfer Mechanism & Process -Claims advocacy throughout the project
  • Indian Interest Abroad:
  • Strong Inhouse-Reinsurance support
  • Project -Professional Risks
  • Lenders Due Diligence
  • Political Risks
  • Environmental Impairment Liability (Pollution legal liability)
  • Offshore CAR Insurance
  • Energy Package Policy
  • Title Insurance
  • Inherent Defect Insurance
  • Solar Performance Warranty
  • Loos of Profit

Make an Enquiry


Write to us and we will get in touch with you.

Get in Touch


Reach out to us at any of our touch points.

Unit 102, 1st Floor, The Estate, #121, Dickenson Road, Bengaluru - 560042

Email: info@anviti.com

Phone: 080 4611 3601

Board: +91 80 4611 3601

ILFS Financial Centre, 7th Floor Quadrant D, Plot C-22 Block - G, Bandra Kurla Complex, Mumbai - 400051

Email: info@anviti.com

Phone: 02249064401

Board: +91 22 4906 4401

17th Floor, Tower A, DLF Building No. 5, DLF Phase III, Cyber City, Gurugram -122002

Email: info@anviti.com

Board: +91 12 4492 1231

Regus CitiCentre, Level 6, 10/11, Radhakrishna Salai, Mylapore, Chennai 600004

Phone: 098 4089 5074

Suite 714 and 715, Regus - Krishe Sapphire, 7th Floor, South Wing, Hitech City Main Road, Survey No. 88, Madhapur, Hyderabad - 500081, Telangana

Email: info@anviti.com

Phone: 040 6717 2016 / 2017

Suite 240, Regus Business Centre, Connaught Place, Level 2, Bund Garden, Pune 411001

Phone: 020 4014 7592 / 7594

Fax: +91 80 4611 3600

Contact Us