Energy emerges as one of the most strategic issues for countries around the world, and the ever-evolving technology and increasing population have increased the need for energy as never before in history. In order to meet this need, the number of energy facilities in our country and in the world is increasing and the risk management of these facilities is of vital importance for investors.
NART offers superior service to investors in every branch of renewable energy. The risks of many hydroelectric, wind and solar power plants in our country that produce tens of Mega Watts of power are managed by NART professionals, while the risk costs are minimized, the activities in the facilities continue safely with wide coverage. Giant companies in the competitive renewable energy market continue to increase their profitability with NART’s risk management service.
The power plants, the number of which increases with the increasing place of renewable energy in our lives, often includes both gigantic structures and high-cost machines, and they have many risks in the design, assembly or operation phases. Situations such as the overturning of retaining walls holding the soil, landslides, breaking or damage to machines such as turbines and generators that help produce electricity can occur in hydroelectric power plants, while natural events such as snow and lightning, electrical damage or corrosion may occur in Wind Power Plants, such as the damage of turbine, gearbox and various mechanical parts. Additionally, the risk of business interruption in the power plant due to physical damage makes it one of the issues that should be carefully considered in terms of meeting fixed expenses such as loan and personnel wage payments.
NART also supports its customers who have invested in the gas and oil industry in the management of their risks. NART provides the best service in the field of risk management to upstream energy companies performing oil exploration and extraction activities, midstream energy companies performing transportation and storage activities, and downstream energy companies performing refining and marketing activities, and Mega projects such as the TANAP project and many valuable companies that provide natural gas distribution services in different regions of Turkey take their place in NART’s energy portfolio.
As NART Brokerage, we provide the best service to our customers with our deep knowledge and extensive experience in risk transfer design and risk placement in the energy industry. With our strong relations with the insurance industry, we easily realize the agreements that best suit the needs of our customers.
