All your risks at a glance: technical insurance from a single source

Many industrial sectors depend on the operation of complex technical equipment or machinery. This equipment and machinery are usually associated with enormous investments and must be insured appropriately according to the potential risks they pose. This includes protection against property damage as well as the resulting business interruption losses, which can be very serious and may even threaten a company’s survival.

Insurance strategies for technical facilities, equipment and activities

As an independent insurance broker and specialist for industrial insurance, Funk offers cover schemes for all areas of technical facilities and activities. For example:

  • Portable and transportable machinery such as construction equipment, cranes, work platforms, forklifts
  • Stationary machinery such as production facilities, wind turbines, biogas plants
  • Electric and electronic facilities and equipment
  • Construction measures for structural, underground and civil engineering
  • Installations of constructions of all types

Depending on the requirements and risk philosophy of a company, we help them protect their completed risk or devise a tailored solution, e.g. for extending production.

 

Completed risk and extensions – reliably assessed and protected

Extending production in particular is associated with high investments for companies, especially in the case of large-scale projects, major facilities or entire inventories of machinery. Our team of technicians, engineers, insurance brokers and experts in the field of technical insurance helps make the specific risks incurred in the course of implementing an investment more manageable through optimal insurance solutions.

  • Machine insurance: covers property damage to stationary and portable machines
  • Business interruption insurance: covers financial losses caused by interruptions resulting from the damage, loss or theft of technical facilities and equipment or in the building or installation
  • Installation insurance: protects against property damage to installations incurred during the process of newly installing, removing and re-installing systems, carrying out renovations or repairs, and in the subsequent testing phase
  • Electronic equipment insurance: covers property damage, theft or loss of all electronic and electric equipment and facilities
  • Contractors all risk insurance: covers property damage to building projects in the fields of structural, underground and civil engineering

 

Cross-discipline competency in technical insurance management

Funk has been operating in the field of industrial insurance for many years and supports companies across all industries and economic sectors. Amongst our many teams, for example, you can benefit from the active advice and support of our Heavy Duty/Crane team, Energy team and, in cooperation with the Pulp and Paper insurance office. All of our teams offer comprehensive insurance and risk management from a single source – from an independent, reliable partner in constant one-on-one contact with you.

Posts about technical risks

Selling industrial facilities

When it comes to selling industrial facilities, the relocation itself is not the only risk. For the buyer, the technical performance of the equipment at the new operating site is the most crucial consideration. Funk has developed innovative all-round protection for this.

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Grid-use charges

Avoided grid-use payments are a major source of income for municipal utilities. Sometimes, however, a malfunctioning turbine is enough to reduce or even wipe out this payment.

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Tailwind for crane systems

Extremely tall and extremely heavy: wind turbines place particular demands on crane systems. This should be reflected in insurance cover.

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Your point of contact

Uwe Janssen Ansprechpartner bei Funk
Uwe Janssen
+49 40 35914-0
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