Renewable Energy

PIB’s Renewable Energy division focuses on providing risk solutions and consultancy services relating to the manufacture, installation and operation of technologies associated with renewable sectors.

  • Key Risks – We will work with you to identify your key risks and structure a program of insurance solutions to meet your specific requirements and goals
  • Planning – We understand the time involved in the planning and we will work with you at a time scale that suits all parties
  • Finance – We are aware that the availability of appropriate insurance for the specific contract is a major factor in securing finance for a project. In these circumstances we can provide indications from insurers, subject to full review and quotation prior to cover, even when there is a long lead in time

Anaerobic Digestion/Waste to Energy

Construction/Erection Phase

  • Contract works cover including civil works and property damage during construction
  • Pre-commissioning inspections
  • Advance loss of profit cover for consequential losses to revenue due to delays in completion following property losses

Operation All Risks

  • “All risks” property damage and machinery breakdown
  • Business interruption cover for the period the equipment is non-operational due to a property damage or machinery breakdown event

Wind

Construction/Erection Phase

  • Contract works cover including civil works and property damage during construction
  • Pre-commissioning inspections
  • Advance loss of profit cover for consequential losses to revenue due to delays in completion following property losses

Operation Cover

  • “All risks” property damage and machinery breakdown
  • Business interruption cover for the period the equipment is non-operational due to a property damage or machinery breakdown

Solar

Construction/Erection Phase

  • Contract works cover including civil works and property damage during construction
  • Pre-commissioning inspections
  • Advance loss of profit cover for consequential losses to revenue due to delays in completion following property losses

Operation Cover

  • “All risks” property damage and machinery breakdown
  • Business interruption cover for the period the equipment is non-operational due to a property damage or machinery breakdown

Other classes of insurance

Either through the Renewable Energy division or drawing on the expertise of other divisions within PIB we are able to offer the following classes of risk protection to our Renewable Energy customers

  • Energy Efficiency Insurance
  • Solar PV Asset Performance
  • Operation All Risks
  • Contractors/Erection All Risks
  • Contract Works
  • Combined Liability or standalone Public, Products or Employers Liability
  • Professional Indemnity
  • Efficacy
  • Credit Risk
  • Latent Defects
  • Performance Bond
  • Specialist Title Insurance
  • Commercial Combined
  • Directors and Officers Liability
  • Commercial Legal Expenses
  • Loss Recovery Insurance
  • Plant and Equipment
  • Motor Fleet
  • High Net Worth Home and Vehicle Insurance

PIB is here to help

We have the experience and knowledge to help protect you and your project. We will listen to you and take the time to understand your specific requirements. We will work with our providers to give you a policy or program that fits your requirements.

Get in touch

If you would like to speak to one of our experts to learn more about how our renewable energy insurance products can help you, please get in touch with us today.