Renewable Energy

Product Overview

As renewable energy has overtaken coal as the largest source of new installed power capacity, we recognize the significant impact this is having on the energy market and our clients.

We offer coverages for the operators of a wide range of onshore renewable energy business, including concentrated solar power (CSP), solar PV, wind and battery energy storage systems (BESS). This is in addition to our continued hydroelectric risk appetite.

Our dedicated energy, construction and marine claims specialists include loss adjusters, claims handlers, and lawyers. They align themselves closely with our underwriters, risk engineers, brokers, and clients allowing us to respond quickly to help reduce losses and settle claims.

We offer global capacity on a quota share basis in supporting multinational utilities or smaller indigenous clients on either a lead basis or following other recognized leading market practitioners.

We tailor coverage to suit you and your broker to offer an integrated cross-class package policy from project commencement through to the operational phase.

Scope of coverage

Product information:

Our Product Cover:

• Operational ‘All Risks’ Property Damage, Machinery Breakdown and Business Interruption

Target Markets:

• Utility-scale operations (utility or investor-owned)
• Small operators with installed capacity over 25MW

What sets us apart

• Operational: USD 150 million (on limit)

Territories:

Latin America & Caribbean with a focus on clients with operations in Brazil, Chile, Mexico, and Colombia