We are able to arrange insurance cover on the construction phase through to the plant being fully operational, alternatively insurance cover can be arranged on a stand alone basis for either the construction or operational risk.

Initial indications suggest Feed in Tariffs (FiT's) are already succeeding in boosting interest from landowners in the development of small scale renewable energy schemes.

One likely factor behind this growth in interest is the financial certainty offered by the scheme. Once tied in landowners are guaranteed a fixed income for the next 20 years. This makes it much easier to secure finance. Also, with interest rates currently running at such low levels and with investors looking at a potential payback period of around five years for smaller scale developments, the figures look appealing to those with a suitable site for such a scheme.

Such is the growth in demand in renewable energy schemes Borland has launched a bespoke insurance package aimed at these smaller scale producers.

Existing insurance policies have tended to be aimed primarily at the big utility companies and large scale renewable energy producers, so are not really suitable for smaller scale projects. These schemes can show huge variations in size, type, output and location. This means they all have differing insurance requirements, some of which might already be covered by an existing farms and estate policy. We have developed a bespoke policy to suit individual requirements for small scale renewable projects.

While public and employment liability may be covered by existing policies, loss of income from machinery failure or damage will not. Neither will issues causing construction delays which may affect repayments, all of which can be catered for under the new policy.

In most cases landowners will be starting such projects from scratch, overseeing everything from planning and development to financing, project management and operation. The policy we have developed therefore covers the entire development process in addition to on-going running procedures once operational. As far as we know we are one of the only brokers to offer such a specialist but flexible policy and its possible landowners with existing renewable energy projects may find this policy better than their current arrangements.

We have secured unique renewable energy insurance facilities underwritten by major insurers, offering bespoke renewable energy insurance cover and solutions that are specific to the type of risk involved, including:

Construction Phase

• Contract Works
• Delay in Start Up
• Marine Cargo/Transit
• Public Liability
• Employers Liability
• Environmental Liability

Operational Phase

• 'All Risks' including machinery breakdown
• Business Interruption including machinery breakdown
• Public Liability
• Employers Liability
• Plant Inspection
• Key man
• Environmental Liability

Our service

As well as competitive premiums and flexible cover, other advantages of using Borland include:

• Your own dedicated Account Handling team - you are not simply another call into a call centre
• Risk management advice
• Monthly payment options
• Hands-on help with claims

Whether you are a landowner thinking of constructing a renewable energy scheme, a contractor involved in the installation and/or maintenance of a scheme or a professional providing consultancy in respect of a facility; with Borland you are in safe hands for your renewable energy insurance requirements.