We'll manage the risks associated with the construction stages of your project, as well as arranging the correct levels of cover to protect your business, including:
From micro-projects to large-scale hydropower plants, community or privately funded, whichever end of the scale your business sits, we're here to help.
Our team of experts will find the best way to manage your unique risks, protect your assets and your people. We'll give you the advice and support you need, whenever and however you need it.
By taking the time to assess your individual needs, we’ll explore the renewable energy insurance market and arrange the cover that’s right for your business.
We understand the risks your project faces:
Machinery breakdown
As with all machinery, hydro plants can breakdown; labour and replacement parts are expensive.
Plant accessibility
Because hydropower sites tend to be remote and rural locations, you may face logistical problems receiving replacement parts. Delays can result in significant disruption to your hydro plant.
Natural threats
Landslides, snowslides, and flooding present a risk of damage to your plant, particularly in the winter months.
Even though other renewable technologies' replacement and repair costs are reducing, the cost of hydro is still high compared with other renewables. But we've got your hydropower plant insurance needs covered.
Plant extensions
Many owners are now including battery energy storage systems (BESS) as an extension to the existing plant. Find out the risks associated with a BESS.
Once your project is up and running, you'll need cover to protect against everyday operational risks, such as:
The cost of your wind turbine insurance will depend on many factors such as:
Our specialist renewable energy insurance experts can help explore the renewable energy insurance market and arrange cover that's right for your business.
Your policy should match the specific complexities of your project and there is no one-size-fits-all solution. We work with insurers to tailor coverage to suit your needs from project planning through to operational. This can include product cover such as:
The cost of your insurance will depend on many factors such as:
Our specialist renewable energy insurance experts can help explore the renewable energy market and arrange cover that’s right for your business.
We support specialist renewable energy sectors including:
Our team of specialist renewable energy insurance experts understand this ever-changing industry and are here to help. By taking the time to assess your individual needs, we'll explore the renewable energy insurance market and arrange the cover that's right for your business. That's why we're a valued member of the Renewable Energy Association and the Anaerobic Digestion and Bioresources Association.
Ideally, during the design phase of your project to enable us to discuss with insurers and ensure it meets their requirements before construction commences. However, please reach out to our expert team and we can support your insurer conversations during the construction phase and once operational.
