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Our Japanese company in EEHH

Skowronnek & Bechnak • 24. Februar 2021
Following upon the opening of our Tokyo office in September 2019 and the trustful relationships we have been able to establish with the Japanese Offshore Wind Stakeholders, we have decided to open a Japanese company to be closer to our Japanese Clients and Lenders. The advantage for our Clients is now being able to work with us in a context that complies with the laws of Japan and the Japanese jurisdiction.

But why we did we choose Japan in the first place? To be exact, because of Shinkansen, the Rainbow Bridge and Skytree. Because they represent for us the technological progress and human creativity. And that is how we perceive Japan: as a minimalistic design, precision and reliability.

Following upon Japan´s decision to develop Offshore Wind, our decision to accompany the country by its endeavors was inevitable. Our new company Skowronnek & Bechnak Japan 株式会社 specializes in risk and insurance advisory and provides, in cooperation with Clients, new solutions for Japanese Offshore Wind risks insurability, including the risk of typhoon, tsunami, earthquake and lightning strike. In particular we raise our Clients´ awareness of losses which are not insurable or only difficult and costly to insure, such as e.g. the risk of soil liquefaction after an earthquake or the risk of lightning strike damage which is particularly prominent in Japan.

The company establishment process last year was very challenging, due also to the prohibition of entry into Japan. The entire process was performed electronically, including submission of notarized signatures and documents. We have, however, succeeded, thanks to our Japanese partners who were always ready to assist and who made use of all possible options granted by the Japanese laws and administration to enable the completion of the process even without our personal presence.

And this is also part of modern Japan: in harmony with traditions, the country strives for flexibility and modernity and enables foreign companies which could make an additional positive contribution to the Japanese economy, the necessary access.
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