Solar

Hail, wind, snow, wildfire, flood and other hazards vary across geographies and can affect both physical damage exposure and insurability.
HUB considers catastrophe exposure, project design, module and tracker selection, mitigation controls and business interruption when evaluating how the project should be insured.
Natural catastrophe risk should be addressed as a project-design input, not only as an insurance-market issue.
A well sited asset and a program informed by the actual conditions surrounding the asset.

Solar modules, inverters and system architecture can change substantially during the operating life of a project. Older central inverters may become unavailable, while newer panels may have different dimensions and electrical requirements.
HUB helps clients evaluate current replacement values, policy wording, equipment dependencies and realistic business interruption periods against the technology operating at the site.
Technology change can turn a component loss into a system-design question and further a project viability question.
Recovery assumptions that better reflect the current equipment market.

Transit damage, construction losses, contractor performance and delayed commissioning can affect project schedules and financial obligations. Utility, financing and contractual requirements can also differ between projects and jurisdictions.
HUB evaluates builders risk, delay in start-up, cargo, liability and contractual risk alongside the financing and operating obligations behind the project.
Insurance should reflect both what is being built and what depends on the project becoming operational.
Construction and operating protection aligned more closely with the project’s commercial structure.