Specialist industry expertise secures renewable energy business

The insurance market for renewable energy is complicated and challenging. However, earlier this year, we were able to add value for both the broker and client with our detailed knowledge and understanding of the renewable energy sector, resulting in a comprehensive solution to meet their very specific cover requirements.

25 February 2021

Line of business: Renewable energy

Trade: Construction and engineering

Although the insurance industry has paid greater attention to this emerging industry in recent years, renewable energy is a still an area that requires a high level of expertise and knowledge to understand the associated risks and arrange appropriate cover.

Fortunately, our regional renewable energy underwriter, Mark Robinson, has over 40 years’ experience in this sector, giving us a level of insight that pushes us head and shoulders above our peers.

Therefore, when our broker partner approached us directly to help them design a policy suitable for their renewable energy client, we had no concerns about guiding them through the often complicated and challenging process of arranging appropriate protection and risk management.

Initially, cover was required for the construction of machinery and facilities, including commissioning and testing for a one-year period after installation.

Our insight, along with knowledge of the technology used in this sector, meant we were able to work with the broker and client to effectively identify and manage all of their risks, including fire protection, and ensure they are comprehensively covered with an cradle-to-grave solution through this two year development period. 

It is this unique level of expertise and technical understanding that enables us to meet the specific needs of renewable energy providers and is fast confirming RSA as the ‘go-to’ insurer for this growing sector.

Renewable energy insurance

Find out more about our renewable energy product offering.