Offshore Wind

The construction of wind turbines at sea is often a complex operation due to offshore conditions. Insuring wind farms requires specific knowledge of offshore construction, wind turbine technology and of contractual risks and project finance.

Our team has been involved from the very beginning of offshore wind energy insurance. Experience tells us that in the construction phase almost no wind farm remains without damage.

Sompo Canopius can offer:

  • Specialist team experience
  • Comprehensive 'cradle to grave' solutions, tailor-made, with seamless construction into operational insurance for renewable energy projects, including:
  • Construction/erection all risks, including marine transit and cargo
  • (Contingent) Delay in start-up
  • Operational all risks property damage, including mechanical and electrical breakdown
  • (Contingent) Business interruption
  • Third party liability
  • In-house risk engineering capabilities

We can deliver these solutions to project developers, contractors, investors, owners and operators of wind farms, but also for suppliers, O&M contractors and OEMs.

Maarten Mulder

Maarten Mulder

Head of Renewable Energy Netherlands

Office no. +31 20 790 0544
maarten.mulder@sompocanopius.com