Renewable Energy

By 2030, the world’s energy demands are expected to increase by 55%, with renewable energy accounting for 50% of the global installed generation capacity. 

It is forecast that it will account for 70% of the new power generation capacity added to 2030 and we plan to be at the forefront. With a policy wording tailored to the unique exposures and challenges faced by clients, we can offer solutions to minimise their risks.

With our propositions and commitment we create insurance solutions tailored to your customers requirements for:

• Bio energy
• Solar
• Hydro
• Wind

Cover

• Construction All Risks / Erection All Risks  
• Advanced Loss of Profits / Delay in Start-Up
• Operational All Risks
• Machinery Breakdown       
• Business Interruption

Cover:

• 6.7.3A - For projects involving new works – Contractor to arrange insurance in joint names of the Contractor and Employer on an ‘All Risks’ basis
• 6.7.3B – For projects involving new works – Employer to arrange insurance in joint names of the Employer and
  Contractor on an ‘All Risks’ basis
• 6.7.3C – For works consisting of refurbishment of or modification or extension to existing structures – Employer to arrange insurance in joint names with the Contractor on an ‘All Risks basis
• 6.7.3C.1 – Damage to existing structures and their contents for Specified Perils – Employer to arrange insurance in joint names with the Contractor
• 6.5.1 – Non-negligence indemnity – Employer to arrange in joint names with the Contractor

How you can help us to get you the best quote:

Our proposal form guides you through the information required in order to provide the most competitive quotation. The following are the main points required:

• Name and address of Employer
• Name and address of Contractor
• Address of contract site
• Value of contract
• Details of the nature of the contract
• Contract period
• Site security
• A split in the contract value (Sub-Structure/Super-Structure/Mechanical & Electrical/Fit-out/Landscaping/Car-parking)
• Schedule of works including GANT chart

Showstoppers

Risks we would never write, or write only rarely forming a small part of a wider portfolio.

• Bio Risks without suitable Fire Suppression Systems
• Refurbished Wind Turbines