PremierClimate
Forward-thinking coverage for Climate Tech companies
PremierClimate by Chubb supports the growth of Climate Tech companies by providing a comprehensive solution of insurance coverage and services to address risks specific to the climate industry.
Combining crucial insurance coverages into a customisable package including professional indemnity, cyber, as well as public and product liability, you can trust that your company gets the right level of coverage it needs so that you can focus on your business goals.
Customisable coverage
PremierClimate distinguishes between various liabilities and obligations, and differentiates claims made by customers, vendors or suppliers, and other third parties.
Access multiple lines of insurance through a single point, while having the flexibility to purchase only the coverage you need, each designed to provide cover independently or together as a comprehensive solution.
Satisfy contractual insurance requirements of your customers and suppliers.
Provides insurance coverage for financial injuries from actual or suspected product and service defects, deficiencies, or inadequacies as well as contract performance failure.
- Write-back for cover if, prior to a loss, you assumed liability for a third party in a prior written contract regarding your product or service
- Coverage targeted at compliance with domestic or international notification and data protection laws.
Common business activities
- Manufacture of electric vehicle charging stations
- Installation of rooftop solar assets
- ESG data collection and monitoring software development
- ESG and climate matters consulting
- Battery energy storage systems (BESS) manufacture
- Cellular food development
- Solar module manufacturing
- Wind farm engineering consulting
- Electric vehicle component part manufacture
- Energy efficiency software and sensor development
- Installation and operation of electric vehicle charging infrastructure
- Agtech software development
- Renewable energy asset management
Professional indemnity
- Financial loss coverage: Coverage for civil liability arising from breach of professional services, technology or manufacturers’ errors and omissions, and product or service performance failure including cover for performance-based contractual liability.
- Extensions: Coverage for damages sustained by a third party resulting from actual or suspected trademark, copyright and other intellectual property infringements.
- Coverage to address the return of amounts paid for your products or services, or vicarious liability towards contractors, consultants and agents.
General liability
- Public and product liability (general liability): Coverage for third party property damage and bodily injury, including personal injury.
- Extensions: Product recall, cyber liability, care, custody and control, and crisis response expenses.
Cyber
- First party cyber incidents: Coverage for business interruption, data recovery costs and extortion negotiation, including privacy notification expenses, forensic expenses, remediation and crisis management expenses, and investigation and defence of regulatory actions.
- Privacy and network security liability arising from a cyber incident: Complements the cover provided under products and services Professional Indemnity.
- Extensions: Emergency incident response, cybercrime, betterment costs, telecommunications fraud and reward expenses.
Cyber and data security risk services
Chubb's Cyber team is dedicated to helping you prevent and prepare for incidents, ensuring you are well-equipped to navigate complex regulatory and legal challenges that can arise from a data privacy breach.
