Whether your focus is wind, biomass, hydro-electric, solar, pyrolysis, grid scale batteries, syn-gas or any other combination, renewable energy is increasingly more critical to environmental sustainability and future economic growth in the country. As a company in the renewal energy sector, it is important to have a knowledgeable insurance and risk management team that can provide the guidance in navigating the risks in the emerging alternative energy marketplace.
We help companies in the renewable energy sector with their insurance and risk management. We provide a unique and integrated risk management approach to the dynamic lending, finance and development models for the renewable energy industry.
Whatever your alternative energy focus, our approach to insurance and risk management is centered on offering comprehensive and highly flexible products coupled with outstanding service and advice. Our goal is to provide coverage that is seamless throughout any project’s life cycle. Our broad coverage can include:
- Pre-design and conception
- Delay in startup and commissioning
- Operational Risks
- Breakdown in the Mechanical and Electrical Systems
- Business Interruption
- General Liability
- Pollution liability
- Workers Compensation
Our property cause of loss schedules are negotiable and can provide wind, hail, earthquake, and even flood insurance on these facilities. Our only limitation is that we cannot at the present time offer property insurance on wind and energy facilities located in the ocean or in navigable waters.
We are able to insure property in all fifty states, provide multi-state automobile insurance and workers compensation in any state that is not a monopolistic workers compensation state.
In addition to the standard policies, we offer first and third party cyber liability, employee practice liability and pollution liability for our energy clients.
In addition to these products, we can assist in managing many of the other risks associated with your facility. Between my carrier and our agency, we provide loss prevention and safety training to staff to lower the frequency of losses. Our in-house attorney can review agreements and assist in a master contractor agreement for anyone working on the property, performing scheduled maintenance or repairs of the facility.
Regardless of how your alternative energy project is put together (Engineering, Procurement, Construction (EPC), or a Power Purchase Agreements (PPA)), me and my team can help design a program specifically to meet your needs. We can protect all parties involved; developer, financier, tax equity partner or project owner.