Protection for industrial assets ...

CNC Asset - the one-stop shop for Insurance, Warranty and Finance

Renewable Energy Insurance for Wind Turbines, Photovoltaic Panels, Solar Panels, Anaerobic Digesters, Hydro-electric Schemes, Bio-mass Generators

Renewable Energy Insurance

The sudden and unexpected cost of damage from the breakdown or damage to wind turbines, photovoltaic panels and all renewable energy plant or machinery is often an additional expense PLCs, farmers and SMEs can ill afford. Insurance of wind turbines as single installations or wind farms, photovoltaic panels, anaerobic digesters, hydro electric schemes and bio-fuel generators is our area of expertise.

To protect firms against the unexpected claim, CNC Asset manage and promote a number of renewable energy insurance policies that includes protection for businesses in the construction and operational phases.

Construction Phase

  • Construction and Erection All Risks
  • Failure during testing
  • Delay in start up (also known as Business Interruption/Advanced Loss of Profits)
  • Public Liability
  • Pollution Liability
  • Employers Liability
  • Marine Cargo / Transit

Operational Phase (for the owners)

  • All risks of physical damage
  • Electrical and Mechanical Breakdown
  • Business Interruption (including loss of FITs)
  • Public Liability
  • Pollution Liability
  • Products Liability
  • Directors and Officers Liability

CNC Asset have an unparalleled understanding of electrical and mechanical breakdown of machinery and component parts as shown by their unique position of being providers of electrical and mechanical breakdown insurance to the Royal Air Force.

CNC Asset have in house underwriting facilities with the most sought after insurers which allows them to provide operational insurance quotes. This speeds up the whole quoting process and allows fine tuning of the policy and the premium. CNC Asset's insurers are A rated or better and are fully accepted by banks and lenders.

We currently insure owners, developers, installers and contractors for their respective risks. These risks are wide and various and can range from liability to transit of the turbine, to breakdown and physical damage both prior to and post commissioning. For you to be properly covered, each of these areas needs to fully discussed and appraised.

We understand renewable energy insurance and its asset finance perspectives. We cover:

Plant and Equipment

  • Crawler excavator
  • Wheel Loader
  • Wheel Excavator
  • Compact Equipment
  • Dumpers
  • Scrapers
  • Dozers

Plant & Equipment

  • Forklift Trucks
  • Materials Handling
  • Generators

Machine Tools

  • Metal forming
  • Metal cutting
  • EDM
  • Plastic injection moulding
  • Plastic extrusion
  • Routers

Other Equipment

  • Plasma screens
  • Materials Handling Equipment
  • Hydraulic motors
  • Power Transmission Output attachments
  • Engines, equipment and associated machinery
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