Climate+ Renewables

Climate+ Renewables supports the growth of alternative and renewable energy projects in the UK. It’s a multiline package for small to medium ground mounted photovoltaic solar, and onshore wind, which are either being constructed or already operational. The minimum size is 500 KW energy output. The maximum size risk we are targeting on our Ignite platform is up to £50m sum insured / contract value, and in addition up to £10m business interruption / delay in start up. We can and do write larger risks, but we would do so offline. More information can be found in our  broker guide. 

Yes we can cater for lenders requirements online.

Yes, our proposition is designed to accommodate this scenario and provide contingent cover for the portion of the marine cargo risk you are not responsible for insuring. 

Yes. Our product is designed to cover both the construction and operational phases of a risk.

• If your risk is already operational you can select an operational quote
  
  
• If your risk is in the planning stage for construction you can select a construction quote.

Alongside every construction quote we will provide a quotation for year one operations. You can choose to bind construction only or construction with year one operations.

By binding year one operations cover now you lock in today’s rates. Your construction schedule will be issued and construction premium invoiced now and your operational schedule will be issued and operational premium invoiced when the risk reaches practical completion. Your maintenance period will also start then.

We know this happens and have designed our product and Ignite journey so you can easily manage this online.

Climate+ Renewables is a product under our Climate Tech industry practice, meaning it is powered by a service-led model that provides tangible benefits to clients including specialist underwriters and a tailor-made wording. Chubb clients also benefit from our leading claims management and, for larger complex risks, we can deploy specialist risk engineers to help mitigate risks before they impact a project.  

Cover can be arranged in just a few minutes through our Chubb Ignite e-Trade platform. As well as arranging cover, brokers can see all important policy information on one place, make mid term adjustments, and modify quotes to explore different options.

Chubb Ignite is available here. If you need to reset your password, simply login and select ‘Recover Password’ and you will receive an email allowing you to reset. If you do not have a password or have any questions about the products available, please email our support team at ignite@chubb.com