Renewable Energy Insurance

Working with renewable energy clients across Europe

As a highly skilled team of energy insurance professionals, our wealth of experience empowers us to offer customised risk management solutions that precisely align with the unique needs of each energy sector and individual client.

Supporting all renewable energy technologies

Gallagher's Renewable Energy division focuses on a vast pool of specialism's to advise insurance solutions for the renewable energy sector.

With our extensive expertise and presence in major energy hubs worldwide, our team of energy insurance professionals is well-equipped to offer customised risk management solutions to clients across various energy sectors. Plus, early engagement with a renewable energy insurance specialist can have a positive impact on the success of your project by effectively reducing risks and enhancing its bankability.

Comprehensive protection and solutions for the renewable energy sector

Our clientele encompasses large national corporations to local developers. We offer a diverse array of insurance services specifically designed for the renewable energy sector, catering to both annual coverage needs and project-specific requirements. Our proficiency extends across various renewable energy technologies, ensuring comprehensive protection for your endeavours, including:

Solar
Battery energy storage
Wind
Anaerobic digestion and biogas
Biomass

Hydro
District heat networks
Wave and tidal
Biofuel

Our insurance offerings are crafted to safeguard your business against diverse risks and liabilities. Leveraging three decades of expertise, our professional indemnity team delivers economical coverage for claims arising within the renewable energy sector. Additionally, we extend coverage options such as owner-controlled insurance (OCIP), latent defects insurance, and pollution liability insurance, tailored to meet the unique requirements of the renewable energy industry.

Owner controlled insurance (OCIP)

An OCIP is a bespoke construction insurance arranged by the owner or developer to cover all project parties. It provides project-specific coverage instead of relying on the contractor's annual program. If interested, Gallagher recommends requesting a breakdown of insurance costs per class of insurance during the tender stage.

Pollution liability

Environmental liability insurance (ELI) covers the expenses of repairing environmental damage resulting from common law claims and claims under Turkish legislation. ELI provides coverage for sudden and gradual pollution, clean-up costs imposed by regulatory authorities on the insured's own site, third-party liability including property value impact, nuisance claims, and legal costs and expenses.

A wealth of specialist knowledge in Renewable Energy

Our specialists can recommend comprehensive cover proposals, complete with costings that align with your specific requirements. Our expertise extends to negotiating with insurers to secure coverage at appropriate prices. We can also negotiate bespoke specialist cover enhancements to ensure that your policy meets your exact needs. Should the need arise, we're also here to provide claims support and guidance, to help ensure a smooth and efficient claims process.

Why choose Gallagher

We provide comprehensive solutions for renewable energy projects large and small. Gallagher has a broad spectrum of client engagement which covers all aspects of the project lifecycle into portfolio asset consolidation including: development phase advisory work, project finance compliance and the placement of Construction and Operational project and portfolio insurance programmes.