OFFSHORE WIND

Artium Experts focuses on loss adjustment and claims handling activities within the offshore wind sector. 

The wind energy industry has evolved at breakneck speed over the past decades: initially in the onshore and subsequently in the offshore sector. The steadily growing demand for clean power supplies has resulted in a continuous, substantial growth in this industry. This substantial growth is the result of both scaling-up due to an increase in the size and generated power of wind turbines,  and the development of new offshore wind farm locations on a global scale. New technical innovations also play an important part, such as the development of ever-larger wind turbine components, new foundations and the development of new offshore installation vessels and equipment, required for the installation of wind turbines, offshore substations and the associated infrastructure.

Both the development and construction of an offshore wind farm is a complicated process with major financial interests. Often many parties, each with their own (technical) specialty, are involved. During the engineering and execution of such projects, risks can lead to often complicated losses, which may result in a costly discontinuation of a project. Due to the wide diversity of the activities during a project, the nature, extent and location of a loss of this type can be very diverse, as can the potential exposure under any insurance policy.

With a combination of knowledge and experience, Artium Experts is well-placed to be of added value in the investigation of complicated losses throughout the entire chain of design, production and construction, and also during the operation of offshore wind farms. Artium Experts can call on the available specialisms in the fields of CAR/EAR, Machinery Breakdown/Electronics, Marine Hull and Machinery, Construction/Warranty and Equipment and Liability.

As well as having the correct technical skills and knowledge, a number of Artium’s loss adjusters hold the requisite safety certificates, in accordance with the training standards of the GWO (Global Wind Organisation). Their knowledge of and network within the offshore industry is of great value in this regard.