Partner for BiH
Energy & Natural Resources
The energy sector is under constant pressure: rising demand for energy, intensifying competition, and environmental and regulatory pressures, combined with pronounced volatility in energy markets, are only some of the many challenges this industry faces.
The sector spans every area of energy production — fossil fuels, nuclear power, and renewable sources (solar, wind, and hydropower, along with battery storage) — together with adjacent segments such as oil and gas, mining, the chemical industry, distribution, and utilities. Clients in this sector seek cost-effective risk management and insurance solutions, and such solutions can only be delivered by advisers who thoroughly understand the legal, financial, technological, environmental, and geographical specifics of the business.
Risks in conventional energy (explosions, infrastructure damage, large capital investments, and stringent regulatory obligations) differ significantly from those in green energy (adverse weather, unavailable spare parts, evolving regulations, and financial uncertainty). VIPOX analyses risks in detail, quantifies the total cost of risk to which a client's operations and projects are exposed, and effectively identifies, mitigates, and transfers those risks to insurers.
Recommended Solutions
We offer a detailed analysis and quantification of exposures, risk transfer programmes (including innovative ones — captive insurance and parametric covers), claims advocacy, tailored environmental risk insurance programmes, supply chain disruption management, and support with regulatory compliance.
Our Approach
Our approach rests on a thorough understanding of the local market, independence in selecting insurers, and dedication to every client. We analyse your business exposure in detail, align the insurance programme with your specific risks, and negotiate terms in your interest, while ensuring claims are resolved effectively by managing the settlement process throughout. As AON's partner for BiH, where required, we also open access to the international insurance and reinsurance markets when local capacity is insufficient.
Key Consideration
Every segment of the energy sector — from conventional to renewable sources — carries its own risk profile, so for each we identify the specific exposures and recommend the appropriate lines of insurance. This keeps the programme tailored to the real needs of installations and projects, with no gaps in cover and no unnecessary cost.