Renewable energy storage protection we can offer when building your project
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:
- marine transit
- contractors all risks
- delay in start-up (advance loss of profit)
- public liability
- abortive planning cover.
How our renewable energy storage insurance experts can help you
We understand the challenges your renewable energy project faces. By working with experts in the sector, we have developed an energy storage insurance product that will protect your project from risks throughout the design, construction and operational stages.
Get in touch with a renewable energy insurance expert
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.
Renewable energy storage insurance for day-to-day risks
Once your project is up and running, you'll need cover to protect against everyday operational risks, such as:
- operational all risks (including damage, breakdown, loss of revenue)
- public liability
- environmental liability
- terrorism
- cyber attacks
- decommissioning bonds
- defective title/chancel.
Frequently asked questions
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The cost of your wind turbine insurance will depend on many factors such as:
- the number of turbines you want to cover;
- the make and model of the turbine(s);
- where the turbine(s) are located;
- the MW power of the turbine(s);
- the claims history;
- the level of cover and the types of cover your require;
- the maintenance of the turbine(s) and;
- the security and access to the site.
Our specialist renewable energy insurance experts can help explore the renewable energy insurance market and arrange cover that's right for your business.
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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:
- Construction/erection all risks (EAR) and liability covers (TPL), plus delay in start-up.
- Owner controlled insurance programme (OCIP)
- Operational 'all risks' property damage, machinery breakdown and business interruption.
- Environmental liability.
- Marine cargo including (DSU) / advance loss of profit (ALOP).
- Employers, public liability and products liability, Directors & Officers (D&O) and trustee liability.
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The cost of your insurance will depend on many factors such as:
- The types and level of cover you require
- The loss controls that you have in place
- The maintenance of your project
- The installed capacity of your project
- The security and access to the site.
Our specialist renewable energy insurance experts can help explore the renewable energy market and arrange cover that’s right for your business.
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We support specialist renewable energy sectors including:
- Anaerobic Digestion (AD) and biogas plant insurance
- Battery energy storage systems (BESS) insurance
- Biomass plant insurance
- Combined heat and power units
- District heat network
- Electric vehicle (EV) charging networks
- Gas filling stations
- Geothermal plant insurance
- Hydro plant insurance
- Marine insurance
- Solar energy insurance (minimum capacity 250kW for commercial purposes)
- Waste to energy
- Wind farm insurance (on and offshore) (minimum capacity 250kW)
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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.
- Specialist – over 400+ renewable energy clients across the UK.
- Experience – Actively engaged in future-proofing the UK’s renewable energy market.
- Consultative – We’re advisers, not salespeople, here to support you, your project and your stakeholders.
- Committed – Representing your best efforts and what is best for your project.
- Capable – Access to insurance and risk services as part of one of the world’s largest brokers, Marsh McLennan.
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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.
