Environmental Risk

Renewable Energy Environmental Protection

While innovative companies pioneer the way forward in renewable energies, we’re pioneering the way they’re covered, with our industry-first product for the UK and Ireland. Welcome to the era of Renewable Energy Environmental Protection.

Coverage highlights

This is the first dedicated environmental policy for companies in the renewable energy industry in the UK and Ireland. It covers the full spectrum of environmental risks faced by renewable energy companies, providing seamless coverage, from the start of construction of renewable energy plants through to their operation.

Product highlights

  • Applies to new and historical pollution risks
  • Ability to accommodate lenders’ clauses, subject to internal legal review
  • Ability to provide either owner or contractor controlled programmes
  • Loss mitigation and crisis management costs
  • Cover supported by team of highly qualified environmental scientists and engineers, backed up with crisis management support for all risks, ensuring that companies are best equipped to respond when they suffer a loss and minimize its impact on their business.
  • Rated 4* by Insurance Age. Full review here.

Cover

  • First party business interruption cover upon completion and operation of the facility
  • Automatic coverage for on-going maintenance post construction
  • Biodiversity damage up to the full policy limit as standard
  • First party replacement costs to include “green” improvements
  • Transportation liability as standard for materials transported during construction
  • Pollution condition definition to specifically include odour.

Appetite

Provided below is our appetite for risks within broad industry groups.

Preferred Industry

  • energy producers in every renewable sector including
  • solar
  • onshore
  • offshore wind
  • tidal
  • hydro
  • waste-to-energy
  • biofuel
  • landfill gas extraction