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Build your business by providing the protection your customers need – it’s insurance for the new possible.
These are the companies developing the cutting-edge products, services, and technologies necessary to mitigate greenhouse gas emissions, accelerate the energy transition, and adjust to the impacts of climate change.
The operational profiles of Climate Tech companies are complex and their spectrum of risk exposures is broad. Climate Tech companies span all major industries including energy, food, manufacturing, transportation, and technology. With Chubb’s expertise in the Climate Tech industry, clients can trust our support to help protect their organizations.
Operating across a broad spectrum of sectors - from researching new battery technologies to developing novel carbon capture approaches, they will need to protect their future against the most critical risks.
Whether they are manufacturing EV chargers, producing meat alternatives, or servicing the green hydrogen sector, Climate Tech businesses are global businesses, requiring global insurance solutions.
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Why Chubb?
Chubb Climate+ draws on our extensive technical capabilities in underwriting and risk engineering, bringing together Chubb units engaged in Energy, Renewable Energy and Alternative Fuels, Climate Tech, and Risk Engineering services.
We provide a full spectrum of insurance products and services to businesses engaged in developing cutting-edge products and services, or employing new technologies and processes that support the transition to a low-carbon economy.
Climate Tech companies are pioneering innovations for a sustainable future, developing products and technologies that support transition to a low carbon economy and enhance climate resiliency. Managing claims in this new and unique risk landscape requires clear and consistent communication among various parties, including insurers, specialist suppliers, and operational experts. Issues such as business interruption, supply chain disruption, and environmental consequences demand deep technical expertise and a coordinated response to achieve positive outcomes for all stakeholders. Our claims teams are specialists in the construction industry, equipped with the expertise to navigate the unique challenges faced by construction clients and brokers. With a deep understanding of the risks involved, we can quickly assess and respond to claims, ensuring timely and effective solutions. This approach enables us to make prompt decisions, crucial for addressing on-site issues and minimising disruptions to your operations.
Chubb supports clients in the Climate Tech sector by providing access to experienced claims handlers with proven technical expertise in complex claim management. Chubb delivers effective solutions and helps clients navigate insured events with confidence and clarity.
Tim Charters
Climate Tech Industry Practice Leader