What changes at commissioning?
Builders risk and operational property programs address different phases. Effective dates, testing, handover terms, and business-interruption assumptions should be checked before the transition.
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02 / 03 · Renewable energy
Protect the handoffs in a renewable project.
Doug works with renewable developers, owners, independent power producers, contractors, and EPCs across construction and operation.
Questions worth asking
Where to look first.
Where do contracts and coverage meet?
EPC agreements, equipment warranties, performance obligations, and subcontractor terms can create exposures beyond the property policy. Each party’s responsibility needs to be understandable.
What must capital partners see?
Lenders and investors may have specific insurance requirements, including tax credit and cyber liability concerns. Investment tax credits (ITC) and production tax credits (PTC) are different federal incentives; any related insurance must be reviewed against the actual project, tax advice, and policy terms.
How Doug approaches it
From exposure to decision.
The first review is about the business and the tradeoffs. Any recommendation depends on the full facts, the available market, and the applicable policy terms.
- 01
Trace the lifecycle
Identify the development, construction, testing, operating, and financing milestones.
- 02
Map responsibilities
Review the project participants, contracts, assets, and insurance requirements at each handoff.
- 03
Compare the program
Evaluate available property, liability, professional, environmental, and specialty solutions against the real exposure.
Practice scope
Topics the review may cover.
Coverage and service availability depend on the business, project, and insurer terms.
- Solar PV, wind, battery storage, microgrids, co-generation, fuel cells, hydrogen, biomass, and gasification
- Builders risk for projects under construction
- Operational property and business interruption
- Professional liability for developers and project participants
- Project-finance and lender-compliance support
- Environmental liability
- Cyber liability and technology-related operational exposures
- Investment tax credit (ITC) and production tax credit (PTC) insurance considerations, subject to project-specific review
- Performance guarantees and related contractual exposures
A practical first conversation
What to bring.
You do not need a complete submission to start. These details help Doug find the important questions faster.
- Project description, technology, site, and stage
- Schedule and expected commercial operation date
- EPC, offtake, lender, or investor insurance requirements
- Existing policies and any known coverage or claims concerns