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Project Insurance

 

Investors, lenders, contractors and sponsors of projects are exposed to a wide range of risks which may:

   

Impact the asset base

   

Interrupt the revenue stream

   

Affect repayments to lenders and investors

   

As a result, today’s construction & power projects involve an intricate mix of contractual and physical risk exposures that require expert advice and tailor-made insurance plans. At India Insure, we have the knowledge, experience and expertise to customize insurance programs to respond to complex risk exposures that projects face as we have already handled projects worth INR 20,000 crores.

 

Our team has extensive experience and understanding of the key issues and challenges that influence the construction industry, such as:

   

Contractual obligations

   

Contractual risk flows

   

Competitive pressures

   

Technological development

   

Regulatory requirements

   

From project development to construction and operation, we provide insurance and reinsurance broking services in the following areas:

   

Contract Risk Management

   

Risk Presentation to underwriters

   

Peer Benchmarking

   

Underwriting submission to reinsurers

   

Insurer & Reinsurer Carrier Selection

   

Strategic Claims Management

   

Insurance advisory in respect of contractual negotiations with lenders, contractors, power purchase agreement counterparties, fuel supply agreement counterparties

 
 
 
 
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