PIONEER OPERATIONAL POWER

At the core of our service delivery is the drive to understand the business insurance needs of Clients working closely with Brokers to provide successful insurance solutions. Underpinned by a technical, engineering and data led approach to underwriting we provide informed solutions rewarding those that manage their risk. We offer more than just transactional insurance, by providing Clients with detailed risk information specific to their plants/technologies to assist in managing risk and avoiding loss.

Pioneer Operational Power has a global reach underwriting all classes of operational power. We target Independent Power Producers (IPPs) and Small Utilities but have the ability to explore financially attractive solutions for other power operators.

All power plant technologies using Coal, Oil, Gas, Diesel, Hydro, Biomass & Waste to Energy, Geothermal and incidental Wind and Solar are covered.

Pioneer Operational Power applies a technical underwriting approach to reward those that manage their risk. We strive also to be a market of choice, providing more than just transactional insurance solutions. High service levels, risk management and engineering expertise are made available to all our Clients.

We provide Clients with detailed risk information and risk analysis with the aim of sharing knowledge to assist our Clients in managing risk and avoiding loss.

Key components of our business model include:

  • An experienced established team with a strong reputation as a quality niche player in the Power Sector
  • Data-led approach to technical risk evaluation with bench marking against established engineering standards and industry best practice
  • Up to USD 40 m of A rated Lloyds capacity providing quota share and/or long stretch primary solutions we can also provide lead line capacity
  • Technical claims management - working in conjunction with market leading Liberty claims team
  • Underwriting flexibility combined with an entrepreneurial approach to working with our partners
  • Value add service of knowledge sharing and best practice guidance in loss avoidance with our brokers and clients, providing more than just transactional insurance
  • Provide on-site engineering services/surveys

OUR SERVICES

  • Technical, engineering and data led underwriting rewarding those that manage their risk
  • Provide on-site engineering services/surveys
  • Standardised risk evaluation and provision of detailed risk information with the aim of managing risk and avoiding loss
  • Secure confidential data management providing Client specific risk rating feedback and guidance

ABOUT THIS PRODUCT

  • Decision making in London
  • Focus on loss control and risk management through technical underwriting

THE PIONEER APPROACH

  • Data-led approach to technical risk evaluation
  • Bench marking against established engineering standards and industry best practice
  • Remain current with status and trends for specific fleet issues based on OEM issued guidance and technical bulletins

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