Renewable Energy Insurance

Renewable Energy Insurance

Canopius offers renewable insurance solutions to developers of sustainable power generation off and onshore across the globe covering protection against:

  • Physical loss or damage
  • Debris removal
  • Business interruption and delay in startup

Our target risk

Typical clients include:

  • Windfarm developers
  • Solar PV and solar thermal developers
  • Battery storage developers
  • Offshore transmission companies
  • Interconnector operators
  • Lenders
  • Construction contractors and equipment manufacturers

Why choose Canopius?

Top-Level Expertise

Longstanding and market recognised team of leader underwriters in their respective disciplines supported by risk engineering and claims expertise.

Innovation

We leverage cutting-edge technology and analytics to tailor solutions that meet the evolving needs of the energy sector.

Global Reach

Our offices in London and Singapore enable us to provide comprehensive support to clients worldwide, ensuring local expertise and global insight.

Capacity

Up to $250,000,000 capacity across all lines supported by A rated Lloyd’s security.

Risk Engineering

Internal and external risk engineering expertise ensures that underwriting and claims understand the technical aspects of our clients’ risks and can be deployed to advise clients on risk mitigation.

Consistent Underwriting and Claims

Our empowered specialists take a consistent approach to both underwriting and claims to ensure our clients are always directly in touch with decision makers.

Contact us

Please speak to one of our specialist underwriters to learn more about our Renewable Energy Insurance services. We are here to help you find the best solutions for your business.

Contact the Renewable Energy team

FAQs

What is Renewable Energy Insurance?

Renewable Energy Insurance provides specialised coverage for companies that generate energy from renewable sources such as wind, solar, hydro, and biomass. It protects against risks associated with developing, constructing, and operating renewable energy projects.

Who needs Renewable Energy Insurance?

Renewable Energy Insurance is essential for companies and entities involved in the renewable energy sector, including:

  • Solar and wind farm developers and operators
  • Hydro and biomass energy producers
  • Equipment manufacturers and suppliers
  • Construction companies specialising in renewable energy projects
  • Financial institutions and investors in renewable energy projects

Why is Renewable Energy Insurance important?

Renewable energy insurance is crucial because it safeguards investments, mitigates risks, ensures business continuity, complies with regulations, and supports the financial stability of renewable energy projects.