Renewable Insurance For Business | Brit

Our Capacity
offshore

$200m


onshore

$100m

Overview

Our experienced energy team offers coverage for renewable energy operations.

We understand that renewable energy poses a diverse range of risks for businesses. Our knowledge of the sector allows our expert underwriting and claims team to deliver tailored solutions for your clients.

With an underwriting and claims team adept at delivering the best solution for this highly technical class of business, we have become the insurer of choice for both brokers and clients. Whether it’s the innovative risks of new solar technology, the operational complexities of managing wind farms, or managing battery storage systems.

What is Renewables insurance?

Renewable energy insurance is for businesses and projects operating within the renewable energy sector. The insurance protects businesses from financial losses stemming from operational challenges, equipment failures, and regulatory issues specific to the renewable energy industry. Our energy insurance covers businesses who operate in renewables and protects your clients against many risks, including property damage, business interruption, liability, and environmental impact. 

What is Renewables insurance?

Key coverage

We specialise in a range of key coverage areas for companies and projects that operate within the renewable energy sector. From offshore wind farms to large-scale solar and battery storage installations for surplus energy, we can provide extensive coverage to keep your customers and their users safe.

  • Offshore operating installations - Covers damage from harsh weather, marine hazards, and equipment failure, including transportation and maintenance risks.
  • Mobile units - Protects against theft, transport damage, and operational issues, ensuring functionality during relocation.
  • Offshore construction projects - Covers construction-related risks such as equipment damage, project delays, and installation complications.
  • Liabilities - Provides coverage for legal costs, settlements, and damages from claims by workers, communities, and regulatory bodies.
  • Offshore and onshore renewables - Covers risks specific to each environment, including marine conditions for offshore projects and land use and operational risks for onshore projects.
  • High growth renewable energy areas – Covers risks related to high growth renewable energy areas, such as Battery Energy Storage Systems and grid stability where there is an expectation of high growth in renewables as well as a high level of consistent change. 

Key coverage

Why do my clients need renewable energy insurance?

As the renewable energy sector expands and evolves, the risks associated with it become more complex and varied. Renewables Insurance has become essential, and insurance providers must 
offer tailored coverage that addresses the specific needs of each client’s operation.

With increasing focus on environmental regulations and operational challenges, comprehensive insurance coverage is vital. By investing in Renewable Energy Insurance, businesses not only protect themselves against unforeseen risks but also demonstrate a proactive approach to managing the unique risks of their industry, such as providing grid stability cover for ongoing reliability and security.

Why do my clients need renewable energy insurance?

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Brian Randall

Divisional Director - Energy and Power

Randall Brian 1578
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