- Business
- Individuals & Families
- Partnerships
Chubb’s Personal Accident cover is designed to respond swiftly and effectively in the event of an accident, and offers a lump sum payment.
Build your business by providing the protection your customers need – it’s insurance for the new possible.
The seamless, secure, and scalable engine behind new possibilities for your company and customers.
Travel insurance made easy.
Renewable Energy Insurance
Risk Scenarios
Who it’s for
Chubb supports all kinds of renewable energy businesses and facilities:
- Onshore and offshore wind farms
- Solar energy facilities
- Tidal and hydro energy companies
- Biofuel producers
- Landfill gas extraction facilities
- Waste-to-energy companies
What it covers
We keep your company and facilities ahead of environmental liabilities:
- First-party business interruption cover upon completion and operation of a facility
- Automatic cover for ongoing maintenance following construction
- Biodiversity damage up to the full policy limit as standard
- First-party replacement costs including environmental improvements
- Transportation liability as standard for materials transported during construction of facilities
- Pollution condition specifically includes odours
1. Waste to energy facility
Part A.
Bolts holding digestate tank to concrete base failed.
Effect
Flow of digestate broke through earth bund. Digestate flowed onto client’s adjacent field and entered land drains. Land drains discharged into the river and digestate seeped into groundwater.
Costs
Estimated clean up costs £260,000.
Part B
At the same facility, an operator leaves the pump going overnight and overfills the pressurised vessel where the valve has been blocked by debris.
Effect
The vessel explodes with the contents of the facility re-contaminating a recently contaminated field.
Costs
Estimated clean up costs £350,000, plus a business interruption claim of £250,000.
2. Composting waste incident
Composting green waste ignited spontaneously at a farm.
Effect
Water used by the fire brigade to extinguish the flames became contaminated by a slurry-like mixture from the compost. It reached a nearby stream and migrated to a lake causing a substantial number of fish to die and damage to the aquatic ecosystem. The Environment Agency required the company to carry out remediation..
Cost
Estimated loss to the business was £550,000.
3. Windfarm construction
During construction and operation of a windfarm, one of the turbines experienced a fault.
Effect
Due to the fault, a significant amount of hydrohalic fluid leaked from the turbine and caused damage to the local biodiversity and watercourse.
Cost
Estimated clean-up costs were in excess of £100,000.
Insights & Resources
Businesses today face growing financial, operational, and reputational risk for environmental damage. Learn how to better understand your exposure.
