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Utilities
Willis' experience and understanding of the utility industry's evolving technology and associated issues, combined with our cost-effective solutions in the insurance business, provides utility companies with the tools they need to compete in the global marketplace.
Many of our practice colleagues have direct experience in the utility and insurance industries. We understand each utility company's risk exposures and risk requirements vary, depending on their specific operating environment, capital structure, regulatory climate and corporate philosophy and approach to risk.
We believe risk is manageable and can be retained, while others should be transferred to those better suited to accept these exposures.
We help companies evaluate risk and determine ways to remove or alleviate risk exposure that could significantly impact future profitability.
Knowledge and Expertise
Our staff has worked with utility clients throughout the world and is experienced at developing risk solutions for domestic and global exposures. We have utility clients in more than 27 countries ranging from the largest electric utilities to small independent power operations. We are the broker for three of the five largest electrical utilities (in megawatt capacity) in the world. We represent a full range of generators from nuclear to hydro to combined cycle gas turbine operators.
Market Leverage
As one of the largest global brokers and energy specialists, Willis is a key trading partner for major insurers and reinsurers worldwide, thus we have the access to markets and capacity that can meet every client need.
Innovation
We created CHARMsm , the first software that allows us to statistically combine financial and non-financial risks. We were one of the first in the marketplace with climate sensitive cover and we remain a leader in this area. We created programs to model the impact of commodity risk on companies, as well as price various risk transfer alternatives.
Service
We believe superior service and ease of doing business are cornerstones of every successful client relationship. As such, each client of our Utility Practice is assigned a relationship manager who is supported by a dedicated service team.
To learn more about our Willis North America Utilities Practice capabilities, please click here.
Many of our practice colleagues have direct experience in the utility and insurance industries. We understand each utility company's risk exposures and risk requirements vary, depending on their specific operating environment, capital structure, regulatory climate and corporate philosophy and approach to risk.
We believe risk is manageable and can be retained, while others should be transferred to those better suited to accept these exposures.
We help companies evaluate risk and determine ways to remove or alleviate risk exposure that could significantly impact future profitability.
Knowledge and Expertise
Our staff has worked with utility clients throughout the world and is experienced at developing risk solutions for domestic and global exposures. We have utility clients in more than 27 countries ranging from the largest electric utilities to small independent power operations. We are the broker for three of the five largest electrical utilities (in megawatt capacity) in the world. We represent a full range of generators from nuclear to hydro to combined cycle gas turbine operators.
Market Leverage
As one of the largest global brokers and energy specialists, Willis is a key trading partner for major insurers and reinsurers worldwide, thus we have the access to markets and capacity that can meet every client need.
Innovation
We created CHARMsm , the first software that allows us to statistically combine financial and non-financial risks. We were one of the first in the marketplace with climate sensitive cover and we remain a leader in this area. We created programs to model the impact of commodity risk on companies, as well as price various risk transfer alternatives.
Service
We believe superior service and ease of doing business are cornerstones of every successful client relationship. As such, each client of our Utility Practice is assigned a relationship manager who is supported by a dedicated service team.
To learn more about our Willis North America Utilities Practice capabilities, please click here.
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For more information, please click on the contact name to email:
David Scott +1 610 254 7451 |
