Nuclear Insurance
Expertise in Risk Mitigation and Nuclear Insurance Coverage
Nuclear energy projects face unique and complex risks that require specialised insurance solutions. At Prospect Law, we provide expert guidance on nuclear liability, property insurance, and risk management to ensure your projects are fully protected.
Mark Tetley, a distinguished consultant with decades of experience in the London insurance market and an extensive background in nuclear insurance, leads our services. Mark’s unparalleled expertise ensures that our clients receive robust and innovative insurance solutions tailored to the specific needs of the nuclear sector.
KEY CONTACT
Our Expertise
Mark brings a wealth of experience from senior roles across the insurance industry, including:
- Managing Director of Nuclear Risk Insurers Ltd (UK nuclear insurance pool), where he led initiatives to modernise nuclear insurance frameworks for the UK Government and international markets.
- Overseeing insurance programme development for countries such as Russia, China, and Eastern European nations, providing technical and legal assessments, policy development, and placements in global insurance markets.
- Serving as an underwriter for the Lloyd’s Nuclear Syndicate, with deep knowledge of liability, property, and project risk insurance.
Mark is a member of the International Nuclear Law Association (INLA) and has served as an expert representative at the OECD Nuclear Energy Agency’s Nuclear Law Committee. His experience also extends to lecturing at the OECD’s International School of Nuclear Law, making him one of the most recognised authorities in the field.
How Prospect Law can Support Nuclear Projects
Our nuclear insurance services include:
Nuclear Liability Insurance
Guidance on compliance with international conventions, such as the Paris and Vienna Conventions, and addressing the unique liability risks associated with nuclear operations.
Property Insurance
Guidance on coverage for nuclear facilities, equipment, and operations, tailored to the specific challenges of the sector.
Risk Assessment and Mitigation
Evaluating project risks and implementing strategies to reduce exposure, ensuring alignment with regulatory and industry standards.
Programme Design and Review
Advising on the development of bespoke insurance programmes for nuclear projects, including new builds, operational sites, and decommissioning initiatives.
Claims and Policy Reviews
Providing expert support to navigate complex nuclear sector insurance claims and policy interpretations, ensuring optimal outcomes for clients.
Global Experience
Mark’s extensive international experience includes implementing nuclear insurance frameworks in:
Russia and China
Designing and placing insurance programmes in emerging nuclear markets.
Eastern Europe
Developing risk mitigation strategies for nations modernising their nuclear sectors.
UK and OECD Countries
Advising governments on liability insurance reforms and programme implementation.
Why Choose Prospect Law?
With Mark’s leadership and our multidisciplinary team of legal and technical advisors, we can deliver comprehensive insurance support for nuclear projects worldwide. Our approach combines deep industry knowledge, global connections, and a commitment to safeguarding your operations.
Key benefits include:
- Customised Solutions – assisting with the development of insurance programmes tailored to your project’s specific needs.
- Global Reach – Access to international markets and expertise in emerging regions.
- Proven Expertise – Trusted by governments, insurers, and industry leaders for decades.
Protect Your Nuclear Project with Confidence
Whether you’re navigating liability insurance for a new build, securing coverage for operational sites, or planning decommissioning activities, Prospect Law has the expertise to support your project risks at every stage.
Get in Touch to learn more about our nuclear insurance services.
