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Utilities

The Utilities sector faces challenging times. Emerging risks that were on the horizon are now testing utility companies’ resilience and preparedness for the future. Marsh can bring together local and global solutions to help you manage this exciting risk environment.

The Utilities industry is undergoing a period of rapid transformation.

Delivering on the transition to a net-zero economy and firming up commitments and strategies to environmental, social, and governance (ESG) goals will be a challenge.

Consumers are demanding more from suppliers and requiring heightened innovation to deliver improved services. Achieving public confidence and affordability in the face of cost pressures will drive an increased focus on digitisation. Against a complex regulatory framework that is flexing to meet the needs of customers and the environment, anticipating and adapting to uncertainty and change will be critical.

We can advise you on risk exposures and insurance solutions to ensure you successfully achieve your objectives. Those businesses that can adapt and innovate will be the ones that thrive in this transformational era.

Interconnected risks facing the utility industry

The environmental, societal, technological and political trends most likely to put water and energy companies’ businesses at risk.
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The Global Risks Report

The top risks for 2024 and beyond. Data and insights from more than 1,400 global experts and leaders.

Featured insights

Medium shot of two women working in a data center with rows of server racks and checking the equipment and discussing their work

Video

08/11/2024

UK Utilities Risk Report 2024 – The interconnected nature of Cyber, Supply Chain and People Risk

Explore our video series on challenges in the utilities sector: cyber-crime, supply chain and people risk, with findings from our 2024 Utilities Risk Report.

Electricity transmission towers with orange glowing wires the starry night sky. Energy infrastructure concept.

Report

20/05/2024

UK Utilities Risk Report 2024

The environmental, societal, technological and political trends most likely to put water and energy companies’ businesses at risk.

Distribution electric substation with power lines and transformers, at sunset

Report

12/06/2023

2023 UK Utilities Risk Report

Marsh has once again partnered with Utility Week in contributing to the Utilities Risk Report, which examines the evolving risk landscape facing UK Utilities.

FAQs

Protecting assets and people while providing supply to consumers is an area of high priority for Utilities. Frequency and severity of extreme weather patterns and environmental pressures are bringing new risks and challenges to utilities.

Property damage and business interruption, including machinery breakdown, employers liability, public liability, motor, cyber, marine hull and ship owners, D&O, crime, professional indemnity, and PA Travel.

Our people

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Carl Ratcliffe

Recycling, Utilities, UK Mining and Nuclear Industry Practice Leader