The renewable energy industry has transformed itself into a material part of the global economy. The 2030 Agenda in Europe includes a revised binding target from the 25% registered in 2023 to achieve a minimum of 42.5% renewable energy in overall EU energy consumption. This increased target supports the broader European Green Deal, which aims to make the EU climate-neutral by 2050, and is crucial for energy independence, lower prices, and economic growth through green technology. As a result, the challenges and risk from this growing sector mean more need for specialist protection.
Primary insurance coverages include property damage and resultant business interruption. This includes the construction and delay in start-up insurances. Many projects have insurance provisions written into finance agreements and we have a track record of supporting these requirements for property and loss of revenue.
Up to € 35m and € 10m for Cat
Minimum premium: € 40k
Customizable deductibles depending on the activity.
Companies with activity in Renewable Energy headquartered in the EEA. Energy companies with a high renewable energy generation component.
Activities covered
Conventional Power generation, Waste to energy, Biomass.
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