Conservation That Carries Your Natural Resources to the Future
Global Risk Underwriting offers comprehensive insurance solutions for construction and engineering ventures of various scales, from real estate projects to industrial facilities, renewable energy investments, and mining developments. In these high-risk areas, we provide a secure framework to address the challenges faced by organizations.
At every stage of complex projects, we offer specially developed coverage to protect business continuity and investment security. Our flexible structure, which steps in where traditional solutions fall short, adds value to projects with insurance programs tailored to the needs of different sectors.
Our approach focuses not only on transferring risks but also on ensuring the success of the project. This way, organizations can manage uncertainties they may encounter in their long-term investments more effectively and implement their projects with confidence.
Parametric Forestry Fire Coverage
Our data-driven approach transforms the understanding of protection in forestry insurance. Using modern satellite-based technologies and machine learning algorithms, we perform precise risk assessments to achieve more reliable results. As a result, damage payout processes are much faster compared to traditional compensation products, and parametric coverage is not limited to forests alone but also extends to various agricultural classes.
Value at Risk Product
Our risk-to-value approach optimizes protection while keeping premium costs under control. While offering predetermined recovery rates to increase operational accuracy, only the value of timber that cannot be recovered after a loss event is covered by insurance. This targeted approach provides lower premiums and allows the ownership of recovery to remain with the insured, enabling the potential recovery value to be preserved.
Comprehensive Hazard Coverage
Our policies provide broad protection against all risks threatening forestry assets. Coverage is offered against forest fires and escaped controlled burns, while severe wind and storm events, impact damages caused by hail, and frost damages during sensitive growth periods are also covered. Additionally, drought conditions caused by lack of rainfall, excessive water damages due to floods, and accumulation damages from snow and ice storms are insured. Deliberate damage to forest resources is also included within the scope.
Optional Enhancements
To create a comprehensive insurance program, policies can be enriched with optional additional coverages. Fire fighting expenses are covered to secure defense costs, and financial support is provided for debris removal costs following a loss. Expenses for aerial photography and documentation, professional fees arising during claims processes, and reforestation and planting costs can also be secured with additional coverages. Furthermore, plantation infrastructure and supporting assets protection are among the optional coverages.
We Are Here toSupport You
Together with our business partners, we design and implement programs that enhance members' experiences and create sustainable value for sponsoring organizations.
Consultative approach to risk management, long-term protection and efficiency.
