Why do you need a specialist broker?

The unique complexities and challenges of the renewable energy industry means it can be difficult to find insurers to provide the right level of cover required to protect your business.

We provide expertise and advice across all sectors of the industry, each one has a large variety of environmental, contractual, supply chain, delivery, construction and operational risks.

  • Owner controlled insurance programmes
    An OCIP is not a policy, but a collection of different types of insurance, where each programme is designed for your renewable energy project.
  • Specialist and exclusive policies
    We have access to a range of specialist and exclusive insurance policies designed specifically for the renewable energy industry.
  • Handling claims
    Our renewable energy specialists intimately understand the industry and support our clients through the claims process, as well as providing guidance should an incident lead to an HSE and/or EA investigation.

How we can help

We are committed to developing relevant insurance propositions that support this ever-changing industry, offering valuable additional services that provide real benefits to our clients. Our insurance solutions often involve a detailed assessment of your insurance risks, establishing cover requirements to meet your precise needs.

Industry recognition

Due to our expertise and long standing presence in the renewable energy industry, we are insurance partners for the REA, and both insurance and risk management partners for the ADBA.

Benefits of an owner controlled insurance programmes (OCIP)

The benefit of an OCIP is primarily the level of control it gives the policy holder most importantly in terms of claims management and excess levels. It can also reduce your premiums. Policies that can form an OCIP include:

  • erection all risks cover
  • delay in start-up cover
  • marine and cargo cover
  • public and employer liability
  • directors and officers liability
  • environmental liability
  • can include the first year operational policy.

Meeting insurer requirements

From concept to operation, we offer due diligence on the design, construction and operational controls that insurers require. This is achieved through forming a tripartite relationship between insurers’ engineers, underwriters and you. Preferably this is at the conception and design phase of your project. If you already have a project underway, we can offer a gap analysis on the current insurance programme and advise on preferred loss mitigation controls insurers require in order that we can obtain the best possible terms for you. 

Advice for several specialist sectors

We can provide you with cover for and advise on several specialist sectors:

  • Solar farms
  • Wind farms (on and off shore)
  • Hydro
  • Anaerobic digestion and biogas
  • Biomass
  • Geothermal
  • Battery storage
  • Combined heat and power units
  • Waste to energy

Protection from development to operation

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 advise, construction and operational insurance programs to protect your investment. 

Frequently asked questions

Doesn’t my business insurance cover equipment?
Some business insurers provide basic material damage cover for equipment, but it rarely provides cover for loss of revenue or breakdown cover leaving you severely exposed.
Why do would I need business interruption insurance when I have a warranty?
Whilst a warranty will cover labour and parts that are faulty and need repairing or replacing, it will not cover the loss of income caused by the plant not running at its normal capacity should there be, for example, a delay in your plant being repaired.   
Are you able to provide cover under one policy through construction into operation of the plant?

Yes. Insurers prefer to be involved as early as possible. Involving an insurer from the outset clearly benefits your project as;

  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.
Can you help me understand and meet funders’ requirements and clauses?
Yes, we have almost 10 years industry experience and understand funder requirements and can provide the advice and insurance programme conditions required.