Overview
We have been at the forefront of power generation insurance for a number of years, provided by one of the few dedicated Power & Utilities teams in the market.
We write a global book of business, which reflects the world’s power generation capabilities, including conventional and renewable energy sources from smaller independent power producers to large multinational utilities.
We underwrite risks on a direct or facultative basis and our flexible approach allows us to consider Primary, Excess of Loss and Quota Share business.
As a recognised leader in the field and with the capability to provide coverage in over 200 countries and territories in our Syndicate 382 at Lloyd’s, we are regarded as an insurer of choice for Power & Utility companies the world over
Who do we insure?
Our core appetite is conventional thermal, hydroelectric, geothermal plants and distribution substations, available on a worldwide basis. We also write solar, wind and battery storage renewable sources as part of mixed asset portfolios.
|
Conventional Assets:
- Gas
- Oil
- Diesel
- Hydro Electric
- Geothermal
- Substations
|
Renewable Assets:
- Solar
- Wind
- Battery Energy Storage
|
What do we cover?
We are one of a select group of insurers with a dedicated Power & Utilities team with expertise and experience in the specific risk management and insurance needs unique to the sector. As a specialist insurer committed to excellence within our chosen sectors, our Power & Utilities coverage and service is delivered by our expert underwriting, risk control, claims and international solutions teams.
In addition, clients can secure insurance coverage for the wider aspects of their business through CNA Hardy’s specialist coverage for, among others, Energy and Casualty.
|
Our core coverage includes:
- All risks including Business Interruption and Machinery Breakdown
- Contingent Business Interruption
- Natural Catastrophe Covers such as Earthquakes, Flood and Windstorm
|