The European Union's Network and Information Systems Directive (NIS2) has set a new standard in cybersecurity regulation, bringing significant changes to the responsibilities of both EU member states and private sector organizations. To achieve compliance, companies must not only adapt their cybersecurity protocols but also consider the role of insurance solutions.

Addressing insurance risks

The need to address climate change, growing global awareness, legislative changes, and, not least, the reduction in the costs of producing green energy have led to a dramatic rise in the use of renewable energy sources over the past decades.

The integration of renewable energy into the global energy mix is a vital step towards sustainability. However, the associated risks of BESS must be managed effectively to ensure safety and reliability. Colonnade's expertise in this field provides a crucial layer of protection, ensuring that BESS installations are safe and effective.

The Baltimore accident has garnered global media attention due to its scale and impact. However, it's crucial to remember that damage to transported goods is a daily occurrence, often caused by inclement weather or vehicle accidents. Insurers and brokers must therefore emphasize the specifics of liability in goods transport and provide clients with detailed information to help them accurately assess the risks involved. This ensures clients are well-informed and adequately protected through comprehensive cargo insurance solutions.

In recent years, the food industry has experienced a surge in significant losses due to fire incidents, impacting manufacturers ranging from meat processing plants to bakery product manufacturers.

Recent events, such as missile attacks by Yemeni rebels on ships in the Red Sea and protests by farmers in the Benelux countries and France, have highlighted the need for robust insurance coverage in the marine industry.

Colonnade Insurance stands as a guardian of the rEVolution, ensuring that the transition to electric vehicles is not only smooth but safe.

Colonnade Event Protect insurance provides and innovative solution designed to safeguard companies and event organizers worldwide against the financial risks associated with event cancellations due to unforeseen circumstances. With Event Protect, organizers can decrease potential losses caused by cancellations, postponements, interruptions, curtailments, or relocations of events.

In recent years, the surge in solar parks, or photovoltaic power stations, across Central and East Europe has been a beacon of progress in sustainable energy. These large-scale photovoltaic power systems not only contribute to environmental care but also play an important role in supplying merchant power at the utility level. However, with growth comes new challenges, particularly in the realm of insurance. This is where Colonnade can step in to ensure that these innovative projects are adequately protected.

The number of hacker attacks on clients of banks, government institutions, or hospitals is increasing. Therefore, companies and individuals are not only trying to prevent data threats but also to limit the impact of potential attacks. One of the available options is cyber risk insurance. 

Following the Covid-19 pandemic, the travel industry in the Central and Eastern European region is undergoing a profound transformation. Increased travel demand in the wake of the pandemic, economic uncertainties and changing travel habits are also affecting the travel sector, as well as the travel insurance market.

Ciarko is the biggest producer of high-quality hoods in Poland, held in high esteem in all of Europe. Our client, whose factory was destroyed by a major fire, swiftly resumed production with our support within a month. We are proud to share this story highlighting the crucial role of professional customer support in challenging times.