Renewable Energy Insurance, Benefits and Risk Advisory
Renewable energy projects bring together technology, financing, construction, contracts and long-term operations, creating risks that can change significantly from development through commercial operation.
HUB serves developers, independent power producers, EPC contractors, owners and operators, equipment manufacturers and investors across solar, wind, battery energy storage systems (BESS), hydro, geothermal, biogas and emerging technologies. Our Renewable Energy specialists take a whole-project view, combining insurance, risk advisory, claims, surety and workforce solutions to help protect assets, manage uncertainty and support projects as they move forward.
Stay Ahead of Industry Challenges
Manage the risks that can delay, disrupt or devalue a renewable energy project
The risk profile of a renewable energy project is shaped by more than the technology itself. Geography, equipment, contractors, contracts, financing, operating practices and the availability of replacement components can all affect insurability and financial performance.
Top Risk Exposures
Risk Strategies & Solutions
Connect construction, operational and financial risk in one strategy
Renewable energy organizations face interconnected risks across their assets, contracts, financing and people. HUB brings together insurance, risk advisory and workforce solutions grounded in renewable energy expertise to help organizations manage risk throughout the project lifecycle.
Tailored Solutions for Your Industry
Renewable energy insurance programs need to reflect the technology, project stage, geography, contractual structure and financial consequences of downtime.
Depending on the organization and project, solutions can include property and equipment breakdown, builders risk, delay in start-up, business interruption, cargo and property in transit, commercial general liability, environmental liability, professional liability, cyber and directors and officers coverage. Warranty and technology performance solutions, parametric coverage and surety can also be considered where relevant.
HUB’s Renewable Energy specialists help align coverage with the actual project rather than applying a standard program across technologies and development stages.
Renewable energy risk can extend beyond the policy into site selection, engineering controls, equipment specifications, project contracts, emergency planning and business continuity.
HUB provides access to risk specialists across areas including property risk engineering, natural catastrophe exposure, hazard assessment, contract and insurance requirement review, emergency management and claims advocacy. Our consultative approach helps identify exposures, develop mitigation strategies and adapt the program as operations and risks change.
Renewable energy organizations compete for specialized engineering, technical, construction and operational talent, often across geographically dispersed projects.
HUB helps organizations develop employee benefits strategies that support recruitment and retention while managing workforce needs, program costs and the demands of continued growth. HUB’s current Renewable Energy practice includes employee benefits and retirement expertise alongside its insurance capabilities.
Growth across projects, markets and states can place new demands on an organization’s people infrastructure.
HUB helps renewable energy organizations strengthen compensation and total rewards, HR infrastructure and workforce strategy so people programs can evolve alongside changing workforce needs and business growth.
Retirement benefits can be an important part of the broader employee value proposition for organizations competing for experienced engineers, project leaders, technicians and other specialized talent.
HUB helps renewable energy organizations develop and manage retirement strategies that support workforce goals and evolve alongside the needs of the organization and its employees.
HUB’s Impact
Renewable energy specialists who stay engaged beyond placement
Renewable energy risk changes as a project moves from development and construction into operation, expansion and eventual end-of-life decisions.
HUB’s Renewable Energy specialists bring industry knowledge together with risk consulting, insurance market access, contract review and claims advocacy to help clients identify risk earlier and keep their programs aligned as technology, assets and project obligations change.
The goal is not simply to place coverage. It is to help organizations understand how project decisions affect risk and build a program around how the business operates.
Case Studies
Engagement Strengthened
Read the Case Study to learn how HUB helped to develop a communication strategy that resulted in a 20% increase in employee engagement at Open Enrollment.
Industry Insights
Insights for building, financing and operating renewable energy projects
