ClimateTech

These companies are developing innovative products and technologies to reduce greenhouse gas emissions, accelerate the energy transition, and adapt to climate change. Climate Tech companies have complex operational profiles and diverse risk exposures across industries such as energy, food, manufacturing, transportation, and technology. With Chubb’s expertise in this sector, clients can rely on our support to protect their organizations.

Products & Services

Climate+ Renewables

Our Climate+ Renewables product is a multiline package specifically designed for small to medium size renewables projects, and can cover both construction and operational phases with the option for seamless protection from construction to year-one operations.

Focus Area

Specialist protection for growing ClimateTech businesses

Target sectors

Climate Tech organisations can exist across a broad spectrum of Manufacturers and Producers, Tech Developers and Innovators and Service Providers, for example
Transport & Mobility
  • Manufacturers of EV Chargers
  • Supply Chain Optimisation Software Developers
  • Hydrogen Fuel Station Operators
Storage & Transmission
  • Interconnector Cable Manufacturers
  • Battery Energy Storage System Software Developers
  • Smartgrid Service Providers
Renewable & Alternative Energy
  • Solar Cells Manufacturing/Module Assembly
  • Energy Generation Management System Developers
  • Low Carbon Heating Contractors
Built Environment & Efficiency
  • Green Cement
  • Efficient Building Design Software Developers
  • Energy Efficiency Strategy Implementation Service Providers
Food & Agriculture
  • Agricultural biologicals
  • AgTech Software Developers
Carbon Tech & Climate Finance
  • Carbon Capture Equipment Manufacturers
  • Climate Impact Software Developers

Achieving excellence in Climate Tech claims management

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. 

Insights & Expertise

We keep you informed – and your business protected – with these helpful articles
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The emergence of EV chargers and risk management considerations
Increasing numbers of EV chargers in the UK and Europe present many new opportunities and risks for businesses. Find out more about the risks of EV chargers.
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Meshed Offshore Grids Are Key to Our Clean Energy Future
The transition to renewable energy sources like offshore wind power is accelerating. Discover how meshed offshore grids, enabled by HVDC technology, can optimize energy transmission, enhance grid resilience, and contribute to a cleaner energy future. Explore the challenges and opportunities in implementing this innovative infrastructure.
flood protection
Chubb Climate+
For many businesses in the UK and across the world, transitioning to a low carbon economy is an important strategic initiative. In early 2023 we launched Chubb Climate+, our dedicated climate-focused business unit.
young couple charging EV
Electric vehicles’ charging software: What businesses need to know
Across Europe and the UK there are currently over three quarters of a million electric vehicle (EV) charging points, with this figure expected to continue increasing to meet public demand and government targets. EV charging software, which enables EV chargers to operate and provides optimisation tools for EV charging, brings many significant benefits to users but with some risks to consider. In this article, we will explore how it operates, the risks involved and what businesses should be aware of.

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