Renewable Energy Insurance
Protecting a Sustainable Future
Comprehensive coverage for renewable energy projects — from wind and solar generation to storage and transport infrastructure.
The growth of renewable energies is redefining Latin America's energy landscape. Each new wind farm or solar plant represents a high-impact investment requiring technical and financial backing. At Hanseatica, we support companies driving the energy transition with insurance solutions tailored for every project stage.
Our Renewable Energy Insurance protects every stage of your project with coverages tailored to the challenges of a more sustainable future.
Primary Coverage
- Material damage to equipment, structures, or foundations.
- Damage during transport and erection of wind turbines or solar modules.
- Third-party liability.
- Theft or vandalism at the construction site.
- Losses due to construction interruptions or delays.
- Mechanical or electrical failures in turbines, inverters, or transformers.
- Loss of revenue due to service interruption.
- Damage from natural phenomena (lightning, hail, hurricanes, storms, fires).
Additional Coverages
- Transport of special components (blades, towers, panels).
- Extended warranties for critical equipment.
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Door-to-door coverage
With our door-to-door coverage, we guarantee the protection of your cargo from the point of origin to the final destination, whether the transport is conducted by sea, air, land, or river, including protection in intermediate warehouses.
Tailored policies
We understand that each shipment is unique, which is why our policies are customized to the specific needs of each client, whether through individual coverage or floating (open) policies, offering superior flexibility for high-volume operations.
Frequently Asked Questions
Do you have questions about our Renewable Energy Insurance?
Renewable Energy Insurance is designed to protect projects and facilities related to solar and wind power generation against risks that could affect their construction, operation, or continuity.
This type of coverage helps protect high-value investments and minimize disruptions to power generation.
Depending on the policy you have purchased, it may include coverage for:
- Property damage to equipment and facilities
- Mechanical or electrical failures
- Damage during construction and installation
- Transportation of Special Components
- Theft or vandalism
- Liability to third parties
- Suspension of operations
- Natural phenomena such as storms, hail, lightning, or fires
The scope of coverage can be tailored to the type, scale, and stage of the energy project.
Renewable energy facilities may be affected by:
- Technical or electrical malfunctions
- Damage to turbines, panels, or transformers
- Severe weather events
- Errors during assembly or construction
- Theft or vandalism
- Operational disruptions
- Damage to equipment during transport
These events can result in financial losses, delays, and disruptions to power generation.
This insurance is designed for:
- Solar and wind project developers
- Renewable energy park operators
- Engineering and construction companies (EPC)
- Utilities and energy companies
- Investors in the energy sector
- Manufacturers and distributors of renewable energy equipment
Coverage can be configured based on technology, location, and project phase.
Yes. Depending on the scope of the policy, it may provide coverage both during the construction and commissioning phases and during the plant’s commercial operation.
This provides coverage for risks associated with the transportation, installation, testing, operation, and maintenance of energy equipment and infrastructure.
Because these are highly complex technical and financial investments that are exposed to operational, weather-related, and construction-related risks that could affect the continuity of power generation.
Having adequate coverage helps protect critical assets, reduce financial losses, and ensure greater operational stability in the event of unforeseen circumstances.
To choose the right coverage, it is important to consider:
- Type of technology used
- Project phase
- Location and climate exposure
- Value of equipment and infrastructure
- Operational and construction risks
- Need for additional coverage
At Hanseatica, we develop specialized solutions for solar and wind projects, supporting every stage of the investment lifecycle with coverage tailored to the specific characteristics of each plant.
If you'd like to find out which plan is best for your energy project, please contact us and our team will help you design a customized solution.
In the event of an incident, it is recommended that you:
- Contain the situation and prevent further damage
- Document the incident with photos or technical documentation
- Report the claim within the specified time frame
- Compile technical reports and estimates
- Coordinate the relevant inspection
Acting quickly helps streamline the claims process and minimize the operational impact on the project.
If you need to report a claim, you can start the process in our Report a Claim.
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