UTILITIES

Experience

 

  • Our involvement with utilities clients includes assistance to various Public Authorities and Private Sector entities in numerous jurisdictions throughout the U.S. as well as Canada.

  • Our operational risk and exposure experience includes Water, Wastewater, Power-Generation, Electrical Distribution, Natural Gas Distribution, Steam and Chilled Water Distribution.

  • We have been a consultant on some of the largest publicly-financed plant construction projects in the world. Additionally we have been involved in analyzing and securing coverage for uniquely challenging risk exposures (e.g. dam rehabilitation).

 

Services

  • As a first step, we typically conduct risk assessments and insurance program audits for our utility clients to assess strengths, weaknesses and opportunities.  

  • We assist almost all of our utility clients with procurement of insurance, insurance brokerage and third-party claims administrator services. 

  • A key capability that is relevant to our utility clients is our Construction Project Risk Management services, including owner-controlled insurance program design, facilitation and management.  

  • Another practice area that is often relevant to our utility clients is our alternative risk financing experience, including evaluation of both individual and group alternatives. This provides us with a working knowledge of such alternatives including the associated pros and cons.  

 

Value

We believe our utility clients retain our services due to the following reasons:

  • Demonstrated independence and objectivity  

  • Extensive experience in insurance procurement and technical review

  • Relevant and transferable expertise  

  • Experience in program implementation and marketing

  • Proven results with complex and challenging programs

  • Staff capacity to complete tasks and satisfy timetables

 

Joe C. Underwood, CPCU, ARM-E

Utilities Practice Leader

72 River Park St., Suite 201
Needham, MA 02494
Tel: 781-449-2866
Fax: 781-449-5340

© 2020 Albert Risk Management Consultants

 Terms of use   |   Privacy

  • Twitter
  • Facebook
  • Linkedin
albertrisk.png