A period of extensive growth has characterised the renewable energy industry in recent years. Driven by the demands of the Kyoto Agreement, the need to cut CO2 emissions, and concerns over the security of existing energy supplies, interest in sustainable sources of energy has soared.
This can only continue and renewable energy is now globally recognised as a power source for the future; even nations not traditionally associated with technological leadership are beginning to exploit its possibilities.
Renewable energy developments require insurance solutions that are comprehensive, flexible and able to protect equipment during transit, construction, commissioning and operation. Loss of revenue and liability risks are also important in this high risk industry.
We expect much interest to focus on the wave and tidal sector in the immediate future. Whilst the possibilities are very exciting, development is still in its infancy; the technology requires significant capital investment and yet is subject to unpredictable weather and sea-states. Insuring this rapidly developing sector will be challenging but rewarding.
Our renewable energy team has over 20 years experience in the industry and is widely acknowledged as a market leader. Renewable energy projects, for which we have negotiated exclusive market facilities with sound and secure underwriters include: wind farms, wave/tidal turbines, bio diesel, biomass units, hydro-power, energy from waste, and landfill gas.
We are specialists in:
We are members of the British Wind Energy Association and other regional bodies.
“We recognised the potential of this rapidly growing industry and developed theexpertise necessary to become one of a very small number of brokersable to offer such wide-ranging facilities.”
Contact - Peter Rush - +44 (0)1273 668896 - Renewable Energy Division
Contact - Jessica Loddo - +44 (0)1273 668896 - Renewable Energy Division
Contact - Dan McCormick - +44 (0)1273 668896 - Renewable Energy Division
Contact - Matthew Carlick - +44 (0)20 7133 1256 - Liability Division
Contact - Tom Baker - +44 (0)20 7133 1288 - Liability Division