Business interruption insurance in Russian power industry

Журнал "Xprimm Insurance Profile", 2016 (английский)

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Long terms of recovery after big incidents often bring policyholders to considerable financial losses due to equipment downtime. In these cases the necessity of business interruption (BI) insurance becomes obvious.
Many companies in Russia have decided to enhance their insurance protection by including the coverage against the time
element. Unfortunately, Russian power industry remains an exception of those. The main reason of that is a complicated system of interaction between participants of the electricity market. Many of the potential policyholders do not understand how BI coverage will work in certain circumstances.

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