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Operational Power Insurance

wind turbines

Chubb protects the essential equipment that powers your business

Machinery is the backbone of mostly all power businesses, so we protect the plant that keeps your company running. Our Operational Power Insurance products cover your boilers and machinery for breakdown, failure and damage. We’ll also help get you back on track with business interruption cover following a failure.


Who it’s for

We offer customised machinery insurance for these industries and sectors:

  • Traditional thermal power generation (coal, oil and gas as the fuel).
  • Renewable and alternative energy providers, including:
    • o   Municipal and other incinerator operators (burning Municipal Solid Fuel (MSF) or Refuse Derived Fuel (RDF). Burning this waste saves landfill and the ash can be used for other things leaving virtually no waste.
    • Onshore wind turbines.
    • PV solar power providers.
    • Short Term Operating Reserve (STOR) power suppliers.
    • Battery storage electricity providers.
    • Hydro electrical and pump storage electricity suppliers.
    • Combined Heat and Power (CHP) electricity and waste heat providers.
    • Biomass power providers where wood chips or wood waste is burned to create electricity via a steam turbine / generator or Organic Rankine Cycle (ORC) plant.
    • Geothermal electricity power providers.
    • Nuclear electricity providers (virtually all are part of large multinational utility risks).
    • Hydrogen power generation. 


What it covers

Our tailored cover protects against equipment issues that impact operations:

  • Machinery malfunction
  • Machinery failure
  • Boiler explosion
  • Electrical surges
  • Power outages
  • Operator error
  • Frost damage

Our policies can extend to include “traditional all risks perils” such as fire, theft, accidental damage, flood and catastrophe perils (such as storm and earthquake).

Our operational power policies can be extended to include other risks such as Environmental Liability; Pool Re terrorism; Public Liability and Employers Liability for certain sectors.


We understand power insurance – and care about your business

Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in machinery insurance and power insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.










Partnership that’s personal 
We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.

Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.

Unmatched expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.


Talk to one of our experts

London contact:

Kevin Lutz
Technical Lines Manager, UK&I
+44 7766994231

UK&I regional contact:

Tom Finnegan
Regional Technical Lines Manager, UK&I
+44 7960977942