
Renewable Energy
Renewable energy is the need of the hour. With more and more companies shifting focus to renewable energy products, there is a need to address the risks involved.
Your renewable energy assets may be still under construction, in development, or have already started operating. No matter your level, we have the technical understanding to devise the most fitting risk management solution tailored to your inherent and emerging risk profile.
Violet Insurance is proud to have some leading experts design customized insurance plans for all sub-specialties of the renewable energy sectors.
What does it cover?
We provide excellent coverage for all renewable energy projects, including:
- All risks protection during construction or erection (EAR)
- Total Liability coverage
- Start-up delays
- Property damage
- Machinery or equipment breakdown
- Business interruptions
- Loss of profit
Who needs it?
The specialized renewable energy insurance policy is a must-have for several companies, including:
- Wind turbine facilities
- Solar farms, large-scale solar energy production facilities
- Hydroelectric facilities
- Anaerobic digestion plants
- Electronic Vehicle Charging points
- Biomass facilities
- Manufacturers of solar panels
- Manufacturers of wind turbines and their components
- Geothermal facilities
- Biodiesel producers
- Methane extraction facilities
- Fuel cell manufacturers and operators