RENEWABLE ENERGY INSURANCE
We're here to help with your specialist renewable energy insurance
It can be pretty challenging to find an insurer that offers the level of cover that's right for your renewable energy business.
We understand this complex industry and the various associated risks: environmental, contractual, supply chain, delivery, construction and operational, so we're able to offer expert advice and arrange the right renewable energy insurance to protect your business.
- Owner controlled insurance programmes (OCIP) - An OCIP is a collection of different types of insurance designed for your renewable energy project.
- Specialist cover - We can arrange renewable energy insurance cover that's designed specifically for businesses like yours.
What your renewable energy insurance team can do for you
Our team of specialist renewable energy insurance experts understand this ever-changing industry. We're committed to continually reviewing our products and the service we offer to help businesses like yours.
By taking time to assess your individual needs, we'll explore the renewable energy insurance market and arrange the cover that's right for your business. .
How you benefit from having an OCIP
An OCIP puts you in control. As well as managing your claims and setting excess levels that work for your business, it could also help you better manage your risks which in turn can reduce the cost of your premiums.
An OCIP may include:
- erection all risks cover
- delay in start-up cover
- marine and cargo cover
- public and employers’ liability.
In addition to the OCIP you will also need to consider:
- directors' and officers' liability
- environmental liability.
We're the insurance affinity partner for the Renewable Energy Association and the Anaerobic Digestion and Bioresources Association because of our expertise and knowledge of the renewable energy sector.
We support specialist renewable energy sectors
We're a specialist renewable energy insurance broker. Besides offering professional advice, our renewable energy insurance expert team will arrange cover for the areas you need:
- solar farm insurance
- wind farms insurance (on and offshore)
- hydro plant insurance
- anaerobic digestion and biogas plant insurance (AD)
- biomass plant insurance
- battery energy storage systems (BESS)
- combined heat and power units
- waste to energy
- district heat networks
- electric vehicle charging networks
- gas filling stations
- decommissioning covers
- legal indemnity cover, including abortive planning cover.
Anaerobic digestion insurance
We know anaerobic digestion is a complex and specialist market. We understand the challenges and risks your business faces – from the planning stages to being fully operational.
Wind Turbine insurance
We understand the specialist wind energy industry and the risks and opportunities your project faces when supplying renewable energy.
Battery energy storage insurance
Battery energy storage systems are now at the forefront of the UK’s renewable energy mix with the technology being a key factor in maintaining power supply and avoiding outages at peak times of power usage in the UK. We can arrange insurance for battery energy storage projects of any size.
Whether you are an installer, investor, funder or project manager of a solar project we can offer bespoke insurance cover for both the construction, erection and operational phase of your solar project
One of the key goals set out in the government's 25-year environment plan is to eliminate avoidable waste of all kinds by 2050. Biomass plays a significant role in this journey, and we can support you.
EV charging point insurance
The Charging Infrastructure Investment Fund has created opportunities for companies to invest in electric vehicle (EV) charger installation throughout the UK. As specialists in EV charger installation insurance, we’re here to support it.
We can provide hydro insurance cover from planning through to the site being fully operational.
Looking for innovative and tailored marine renewables insurance to cover your business against on and offshore risks?
Protecting your renewable energy project
From concept to operation, your renewable energy project is at risk, which could be caused by a lack of adherence to contractual requirements, risk management and supply chain issues. We can provide full contract advice, construction and operational insurance programs to protect your investment.
Frequently asked questions
Whatever you do in the sector, our experience enables us to negotiate competitive insurance and risk management solutions focused on your needs.
The sectors we can cover are:
1. they will understand your plant; and
2. you will be able to factor in loss mitigation controls they require from the outset. It is far more financially viable from a Capital Expenditure (CAPEX) perspective to do this than trying to retrofit which can be extremely costly.
Read the latest renewable energy articles
From early planning to completion, renewable energy projects face different risks. Find out what renewable energy insurance could help you manage them.
As the battery energy storage market matures, the size and complexity of installations increases, operators and insurers are still learning about the risks. We take a look at explaining one of the main risks, fire.
With nine years left until the government’s 2030 deadline to ban the sale of all petrol and diesel vehicles what can be done to make the UK go electric? And what are the potential insurance risks that electric vehicle charging point projects need to consider?