Project Finance Advisory (PFA) Services
Global Marine and Energy's Project Finance Advisory (PFA) unit can provide consulting to clients on issues such as project financing, equity funding, trading, risk finance and political risk. Click here to learn more.
Cargo Insurance
All Risk Cargo provides coverage for projects as well as manufacturers and suppliers in the alternative and renewable energy sector, including comprehensive insurance protection for goods in transit across the world. We can also provide numerous extensions to coverage such as delay in start up (DSU), domestic movements, and storage or consolidation risks. In addition, we can also offer worldwide master policies including locally admitted policies as required.
Property Insurance
Comprehensive property protection is available for the full range of alternative and renewable energy risks. Offerings include:
• Construction All Risk, including property damage and delay in start up (DSU)
• Property All Risk, with business interruption and extra expense
Warranty Insurance
• Coverage Territory: Worldwide
• Term: Up to 5 years
• Customized policies to reflect the characteristics and the quality of a solar or wind
project/technology
• Coverages available: repair and replacement, serial defect, performance curve, availability
-Parts and Labor
-Research, redesign or re-engineering of production
• Flexible self-insureds retentions and deductibles
• Benefits:
-Provides addtional assurance to investors, commercial lenders, owner/developers, power
purchasers, and contractors
-Supports more favorable lending terms and conditions
-Application of engineering and risk management expertise for the project/equipment
-Improved access to financial resources
-Coordination with other Global Marine and Energy product offerings
Primary Casualty Insurance
Customized programs, including Workers’ Compensation, General Liability and Automobile Liability, are provided for projects as well as manufacturers and suppliers in the alternative and renewable energy sector. Flexible coverages are available for risks of any size. Specialty program structures include:
• Guaranteed Cost
• Deductible Plans
• Self-Insured Plans
• Captive Programs
Excess Casualty Insurance
Commercial Umbrella Liability insurance available for projects as well as manufacturers and suppliers in the alternative and renewable energy sector. Our policy offers:
• Occurrences worldwide
• Time element pollution
• Optional failure to supply
• Limits up to $25 million