Renewable energy businesses work to protect the environment by using or generating clean, renewable energy, or providing the equipment and service for companies that do. We offer coverage for the operators of a wide range of renewable energy businesses, including concentrated solar power (CSP), solar PV, wind, and battery energy storage systems (BESS). We tailor coverage to offer an integrated cross-class package policy from project commencement through to the operational phase.
Coverage Options
- Property – coverage can include cargo, inland marine, construction, and financial products
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Package GL/CPL and GL/CPL/Professional
- Site pollution (i.e., pollution legal liability)
- CPL and CPL/Professional
- Supported and monoline casualty excess limits $50M (for some classes of business, $100M)
Key Features
- Construction/erection all risks (EAR) and liability covers (TPL), plus delay in start-up
- Operational ‘all risks’ property damage, machinery breakdown, and business interruption
- Marine cargo including (DSU) / advance loss of profit (ALOP)
Target Classes
WIND POWER – Power generated by wind turbines on land driven by natural air movement. From design through construction. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- For contractors, this includes EPC and O&M exposures
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Package GL/CPL and GL/CPL/Professional
- Site pollution (i.e., pollution legal liability)
- CPL and CPL/Professional
- Excess limits $50M (for some classes of business, $100M)
SOLAR POWER – Electricity generation is produced by large installations of photovoltaic cells, often sited in expansive solar farms for maximum exposure to the sun’s rays. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- Coverage for commercial contractors, residential contractors, or mixed
- For contractors, this includes EPC and O&M exposures
- CPL and CPL/Professional
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Package GL/CPL and GL/CPL/Professional
- Site pollution (i.e., pollution legal liability)
- Excess limits $50M (for some classes of business, $100M)
GEOTHERMAL POWER – Utilizing heat generated in the Earth, geothermal power plants produce electricity by harnessing steam turbines that drive generators. Coverage for contractors and operators. Depending on the merits of any individual Insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Package GL/CPL and GL/CPL/Professional
- Excess limits $50M (for some classes of business, $100M)
- Site pollution (i.e., pollution legal liability)
- CPL and CPL/Professional
BIOMASS – Energy generated by utilizing organic material, the most common being plant-derived materials burned to create heat or generate electricity. This includes RNG and anaerobic digestion. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Package GL/CPL and GL/CPL/Professional
- Site pollution (i.e., pollution legal liability), including multiyear and transactional exposures
- CPL and CPL/Professional
- Excess limits $50M (for some classes of business, $100M)
BATTERY STORAGE – Battery energy storage systems (BESS) devices that store energy from renewables to be released when customers need power. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- For contractors, this includes EPC and O&M exposures
- Package GL/WC/Auto (including HNOA)/Umbrella (including S&A pollution and URE coverage)
- Monoline GL (for many classes of business we have markets that can support the HNOA if the exposure is on a true “if any” basis)
- Site pollution (i.e., pollution legal liability)
- CPL and CPL/Professional
- Package GL/CPL and GL/CPL/Professional
- Excess limits $50M (for some classes of business, $100M)
CARBON CAPTURE – The capture of CO2 from large point sources, such as power generation facilities that use fossil fuel or biomass as fuel, for storage underground. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- Site pollution (i.e., pollution legal liability), including multiyear and transactional exposures
- CPL and CPL/Professional
- Combined form GL/pollution for operational assets
- Excess limits $50M (for some classes of business, $100M)
METHANE RECLAMATION – Landfills are often capping their landfills to capture, transport, and refinement of methane. Depending on the merits of any individual insured’s exposure profile:
- Coverage offerings are available for contractors and operators
- For contractors, this includes EPC and O&M exposures
- Site pollution (i.e., pollution legal liability), including multiyear and transactional exposures
- CPL and CPL/Professional
- Excess limits $50M (for some classes of business, $100M)
