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Sector / Electric
Electric
The electric sector in Mexico ranges from generation and transmission to energy distribution, including renewable and conventional projects. These operations require specialized insurance and surety bonds to protect investments, equipment, and personnel, as well as to comply with regulatory requirements.
MAIN RISKS:
Generation, transmission, and distribution activities face threats that may affect operations and profitability:
- Technical and mechanical risks: failures in turbines, generators, transformers, or control systems.
- Electrical risks: shortcircuitsamong others.
- Environmental risks: accidental electrical discharges, forest fires, and contamination.
- Security risks: cable theft, vandalism, andsabotage ofinfrastructure.
- Financial risks: losses due to technical shutdowns or lack of supply.
- Regulatory risks: sanctions for non-compliance with regulations of CNE, CENACE, and SENER.
What risks do companies in the electric sector face?
Natural phenomena, equipment failures, supply interruptions, damage to third parties, and project delays may generate multimillion losses if the appropriate protection is not in place.
What insurance and surety bonds are key for this sector?
All Risk Property Damage, Civil Liability, Business Interruption, Electronic Equipment, and Machinery.
For surety bonds: Contract Performance, Advance Payment, and Quality Bonds, essential to guarantee obligations in tenders and contracts.
How do I know if my company has the correct protection?
A specialized assessment identifies gaps in insurance and surety bonds, updates insured sums and conditions, and ensures that your coverage responds to any unforeseen event, protecting both your operation and your investment.
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