Renewable energy

The renewable energy sector is still in its infancy. What policies are most appropriate for your company? What do you need to consider when making decisions? We will join forces with you in making the right choice.

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General explanation

Wind farms call for a special approach

ADD will gladly help you develop your insurance scheme. In the renewable energy sector, we pay particular attention to the risks involved in the construction of a wind farm:

Transport – Dealing with any obstacles encountered in transit, temporary offsite storage of parts,...
Construction risks – An all risks on construction sites /assembly insurance policy covering all material damage, starting from the preparatory work, during the construction period and during the crucial transition stage for the final handover of the wind farm.
Financial damage – A rock-solid policy to cover financial damage in the event of late energy supplies.
Liability – Wind farms may have to contend with specific risks such as hail, oil leaks, noise, cast shadows,... We offer maximum cover both during the construction process and the operating period.

We would also like to draw your attention to policies covering environmental damage, cybercrime,.... the options even include insurance for wind-down periods.

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Contact: Dirk Vanseuningen

Initial Public Offering (IPO)EngineeringEnvironmentFleetRenewable energyHuman CapitalInternationalLiabilityPublic authoritiesPropertyR&DTransportTrade credit
De 3 meest onderschatte bedrijfsrisico’s van 2016
Reputatieschade Cybercriminaliteit Milieuvervuiling
28 January 2016
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Legal expenses Vehicles
FleetHuman Capital
Legal expenses insurance is not compulsory by law. Depending upon the option chosen, insurance for your vehicle fleet covers the reimbursement of the costs and fees of lawyers involved in the legal proceedings initiated because of a traffic accident. The legal expenses will never be followed up with compensation for the physical or material damage you incur.
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Traffic accidents are always questions of facts about which there is a dispute more often than not. In such cases, legal proceedings are generally in the offing. In order to avoid the additional costs these proceedings would create (on top of any compensation), you are well-advised to take out legal expenses insurance. Legal expenses insurance for your vehicle fleet enables you to identify and defend your rights in the event of a disagreement. A conflict between you and your insurance company as well. When does legal expenses insurance apply? Your legal expenses policy covers all the costs incurred by your legal counsel and the latter's fees, provided this involves proceedings instituted for a traffic accident. The policy is particularly relevant when a liable third party refuses to provide compensation (or is insolvent), or when a dispute arises because of liability. Choose an independent insurer The conflict often occurs between your company and your own car insurance company. When the latter claims you are responsible for an accident and you do not agree, you are recommended to enlist the aid of a completely independent lawyer: someone not paid by your car insurance company.
Communication
International
Does your company know exactly how your insurance policies are faring in Asia? What stage has been reached with the compensation claim case in the United States? And do you still have an insight into your company's staff insurance in Bulgaria? ADD can help you find quick answers to all of these questions. The powerful WBNet software platform offers you the detailed reports that meet your requirements.
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Your multinational insurance plan calls for a central overview showing correct and up-to-date data and information about policies, particularly if you wish to centralise your company's risk management strategy. Accordingly, ADD develops a central communication platform for you towards this end. Four-pillar communication platform ADD ensures that you have a crystal-clear overview of the four pillars of your insurance policy all in one place: Your global insurance philosophy and approach The status of all your compensation claims An overview of all your policies (property & casualty) An overview of all your HR-managed policies This platform is a vital information tool for anyone concerned by your insurance case: your local risk managers, your general management, your CFO and local WBN partners (your servicing brokers). Centrally managed risk strategy ADD helps to manage your group-wide insurance philosophy on a centralised basis, translating your strategy into a clear language by means of practical insurance manuals, where local officers can find guidelines, contact persons, information about coverage and exclusions,...

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Renewable energy

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Wind farms call for a special approach

De 3 meest onderschatte bedrijfsrisico’s van 2016

Legal expenses Vehicles

Communication