Welcome to Konsileo, the leading chartered commercial insurance brokers specialising in providing tailored insurance solutions for the utilities, waste management, and recycling sectors. These sectors play a crucial role in our everyday lives, providing the basic amenities that make our homes comfortable. It is essential to protect your business with comprehensive insurance coverage.
The utilities sector encompasses power generation, including various sources such as biofuels, hydroelectric facilities, and electrical cooperatives. At Konsileo, we offer insurance coverage specifically designed to address the unique risks associated with power generation activities. Our tailored policies provide protection for your assets, equipment, and operations, ensuring that you can continue providing essential services to communities.
Compliance with waste regulations is of utmost importance for commercial organisations, as they generate almost twice as much waste as households. Konsileo can help you navigate the complex landscape of waste management regulations and provide insurance coverage to ensure compliance with the 2012 Waste Regulations. Our policies can cover a range of incidents, including main and wastewater incidents, as well as contamination-associated losses. With our expertise, you can mitigate risks and safeguard your waste management operations.
The utilities, waste management, and recycling sectors are vital to the UK economy. In 2019, power and gas added approximately £95 billion to the economy, while water supply and waste management contributed £25 billion. Although UK oil and gas production revenues experienced a significant drop of 71% in 2020-2021, the transition to renewable energy sources presents opportunities for continued growth within the sector. Low carbon and renewable energy achieved a turnover of £47 billion in 2018 and accounted for 43% of the UK’s total domestic power generation in 2020.
These sectors provide employment opportunities for over a million people, with 738,000 individuals working in utilities alone. The industry encompasses around 250 businesses, which benefit from approximately 7% of total UK investment, equivalent to £13 billion. Despite the challenges posed by the COVID-19 pandemic, the sectors have shown resilience, as demonstrated by a 5.3% increase in output from February 2020 to February 2021. Moreover, in 2020, the sectors contributed to UK exports, with a total value of £22.9 billion, accounting for 7.3% of all UK exports.
At Konsileo, we understand the unique risks faced by the utilities, waste management, and recycling sectors. Our expert brokers will assess your specific needs and tailor insurance solutions to protect your business comprehensively. We offer a range of coverage options, including:
Protect your utilities, waste management, and recycling business with the expertise of Konsileo, the trusted chartered commercial insurance brokers. Our dedicated team will guide you through the process, ensuring that you have the right insurance coverage tailored to your unique needs. Contact us today to learn more about our insurance solutions and safeguard your business against potential risks.
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