Renewables Insurance Policy:
Solar, Wind, Biomass And More
Commitment to reduce carbon emissions and a shift towards cleaner energy solutions have accelerated the adoption of renewable energy solutions. However, with rapid growth, challenges and risks facing the industry have amplified too. Conducting business without an adequate understanding and strategy for risk can prove costly.
You need expert advice to navigate the new risk landscape in a competitive industry and minimize the cost and implications of risk. At Anand Rathi Insurance Brokers Limited (ARIBL), dedicated renewable specialists with decades of experience help clients to identify, manage, and mitigate risk exposures. As one of the leading service providers of insurance and risk management solutions in this sector, we have done some exceptional work. Our client-first approach delivers comprehensive solutions, a smoother experience, and seamless servicing.
Our Offerings
Renewable risk consulting
We identify emerging risks and devise innovative and cost-effective solutions for your risk and insurance needs in the Solar (onshore and offshore), Wind, Hydro, Biomass, and Biofuel space. We work with you to understand your risk management needs, assess, and benchmark your strategy against industry best practices, and suggest solutions to reduce the total cost of risk. Our consulting services include:
- Risk management strategy development
- Due diligence consultancy and lenders insurance advisory
- Parametric solutions for renewable (solar and wind)
- Ensuring contract certainty
- Specialized risk engineering and property loss control services
- Business interruption and cyber risk analyses
Policy placement
We create customized covers and policy wordings to suit your project and help to draft insurance and indemnity clauses. Our strong insurer and reinsurer relationships help us to negotiate competitive terms for the coverage of your choice. We enable policy placement for:
- Property damage (including Industrial All Risks (IAR) and Mega risk)
- Business interruption
- Supply chain – contingent BI
- Project insurance and project marine cargo
- Parametric insurance – solar and wind
- Warranty insurance (solar panels)
- Public liability / CGL
- Environmental liability
- Cyber risk insurance
Claims management
Our strong claims servicing teams help you to easily manage large and highly complex claims.
Sector-specific expertise
Manufacturing
Protect against losses and reduce your total cost of risk
Cement
Solidify your risk management with personalized solutions
Pharma and Chemical
Give your business an edge with the right insurance
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