Chubb Climate+ rolls out renewable energy projects product
Chubb Climate+ has launched a packaged insurance solution in the UK that is designed to support the growth of alternative and renewable energy projects; mainly onshore wind and ground-mounted photovoltaic solar.
The product, Climate+ Renewables, has been created for small to medium renewable projects of up to £50m in contract value. It is the first new climate tech insurance solution from Chubb Climate+.
According to the insurer, the offering provides continuity of insurance across the construction and operational phases of alternative and renewable energy projects.
41%A record amount of energy was generated from renewable sources in 2022 in the UK, with 41% coming from wind, solar, biomass and
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