“Whatever it takes“ to safeguard your assets
Our mission is to deliver the most effective insurance coverage tailored to every unique risk in your renewable energy project or company. We go beyond expectations to make sure you're fully protected.
But what does "best protection" really mean? There's no one-size-fits-all answer because each project is different. Every stage, from development to completion and ongoing operations, comes with its own distinct challenges. That's why we take a detailed approach – carefully analyzing your project, advising on risk mitigation, and offering comprehensive protection with smooth transitions throughout each phase.
Transit Phase
Transit Insurance: Protects your equipment and materials during transportation, ensuring safe delivery to your construction site.
Marine Delay in Start-Up (MDSU): Covers financial losses caused by delays in project commencement due to transport-related incidents.
Construction Phase
Construction/ Erection All Risk (CEAR): Comprehensive coverage for physical loss or damage during erection or construction or installation.
Advanced Loss of Profit/Delay in Start-Up (ALoP/DSU): Safeguards against revenue loss caused by delays in project completion.
Operation Phase
Operations All Risk (OAR): Provides coverage for unexpected damages to operational facilities or equipment.
Business Interruption (BI): Ensures financial stability by covering lost income due to operational disruptions.
Special covers
Third-Party Liability Insurance for Renewable Energy Projects (TPL): Our tailored liability insurance protects your renewable energy project at every stage – from transport and construction to operation. We offer coverage that addresses cross-phase risks, ensuring the right protection for your project. This insurance covers legitimate third-party claims as well as the assessment and defense of unjustified claims. Coverage extends to the company, its legal representatives, and all employees in the performance of their duties, allowing you to focus entirely on your project's success.
Political Risk Insurance: Mitigates financial losses due to political instability or government actions.
Performance Guarantees: Ensures compensation for contractual obligations that may not be fulfilled.
Directors & Officers (D&O) Liability: Protects executives against personal liabilities arising from management decisions.
Cyber Risk Insurance: Shields your business from cyber threats, including data breaches and system interruptions.
Claims Handling
We bring extensive expertise in managing claims, ensuring an efficient and professional process that minimizes the client’s involvement while allowing for the desired level of engagement. Clients are required to provide the necessary documentation, for which we can offer support by supplying templates to facilitate the accurate and efficient transfer of information.
As part of our comprehensive claims management service, we engage directly with the client’s business partners, including technical and commercial managers, to ensure seamless communication and coordination. This approach alleviates the administrative burden on our clients while maintaining transparency and professionalism throughout the process.
Recognizing that certain claims may be more complex or require extended resolution times, we are committed to diligent and consistent follow-up to safeguard the fulfillment of all contractual rights and policy benefits in favor of our clients. By entrusting their claims to us, clients benefit from a streamlined process managed with the utmost care and expertise.
