Skip to main content

Expertise

Nuclear construction insurance

Leading the way in accessing nuclear construction insurance

Since the dawn of commercial civil nuclear power in the 1950s, Marsh’s construction practice has been at the forefront of servicing all sectors of the nuclear cycle. Our deep-rooted capabilities span major nuclear technology providers and stretch across diverse geographies, making us a trusted partner in this highly specialised field.

Nuclear projects — whether new builds or refurbishments — are inherently complex, and each project presents new challenges. Our broad credentials and hands-on experience equip us to navigate these challenges with agility and insight, positioning us to support future projects and emerging nuclear technologies.

Why Marsh?

Marsh’s dedicated nuclear services team, which includes more than 30 individuals across 17 countries, is ideally positioned to deliver tailored, forward-thinking solutions for organisations in the nuclear sector.

Marsh nuclear insurance industry firsts

  • Marsh designed and placed the first delay in start-up (DSU) insurance on a nuclear power plant under construction.
  • Marsh was the first broker to place nuclear construction risk with the UK nuclear pool (NRI).
  • Marsh was at the forefront of the placement of construction insurance into the European Nuclear Mutual Insurer (EMANI).
  • Marsh was the first broker to place extended maintenance cover on a nuclear power plant.
  • Marsh brought alternatives to single source nuclear pools and expanded the scope of coverage.
  • Marsh successfully placed a nuclear liability insurance policy under the new Paris Convention limit of €1.2 billion following its adoption in Brussels.
  • Marsh designed and placed the first nuclear liability insurance policy with a reporting period of 30 years.

Today, we continue to lead in assisting clients with coverage design, supporting on small modular reactors (SMR) and micro modular reactors (MMR), as well as fusion projects.

Speak with a Marsh representative

Let’s start a conversation. Provide some details and let’s connect.

Related insights