CleanTech & Renewables
Tailor-made insurance cover for a sustainable future
Understand risks for CleanTech and renewables companies and protect them properly!
CleanTech and renewables-focused start-ups and companies are at the forefront of sustainable innovation. Whether solar energy, wind power, geothermal energy or environmentally friendly technologies - these sectors are shaping a greener world. But with progress comes risk: From regulatory changes to technological challenges to environmental liabilities, companies face unique dangers.
At Risk Partners Technology, a specialized insurance broker for tech and deep tech companies, we offer tailor-made insurance solutions specifically designed to meet the needs of clean tech and renewables companies. Our aim is to protect your innovations and give you the security to focus fully on your projects.
Insurable risks in CleanTech and Renewables
Product liability risks
Faulty products, such as defective solar modules, wind turbines or energy storage systems, can cause property damage, personal injury or consequential costs that trigger liability claims.
Environmental liability risks
Environmental damage, for example due to leaks in biogas plants, emissions or soil contamination during project implementation, leads to potential clean-up costs, fines or liability disputes.
Financial loss risks
Errors in consulting, planning or services - e.g. inaccurate yield forecasts for wind farms or incorrect technical specifications - can result in financial losses for customers or partners.
Cyber risks
Cyberattacks, data loss or system failures threaten the IT infrastructure, e.g. in the control of smart grids or production facilities, and can cause business interruptions and data breaches.
Liability risks for managers
Wrong decisions by managers, for example regarding investments, contract design or non-adherence to compliance requirements, can trigger personal liability claims against managers.
Tailor-made insurance solutions for CleanTech and renewables
- Product liability insurance:
This insurance covers damage caused by defective products - such as personal injury caused by a short circuit in a solar module or property damage caused by a defective wind turbine. It protects against liability claims and their financial consequences. - Environmental liability and environmental damage insurance: This combination insures against damage to the environment, e.g. in the event of chemical leaks or unintentional emissions. It covers clean-up costs, liability disputes and official requirements resulting from environmental damage.
- Financial loss liability insurance:
It protects against financial losses caused by errors in consulting or services - for example, if incorrect planning leads to a loss of revenue for a customer. Ideal for companies that offer engineering or consulting services. - Cyber insurance:
This insurance covers damage caused by cyber attacks, data loss or IT system failures. It includes costs for IT forensics, crisis management, business interruption and liability claims in the event of data protection breaches - essential for digitalized energy solutions. - Directors & Officers (D&O) insurance: It offers managers protection against personal liability claims, e.g. in the event of wrong decisions regarding investments or breaches of legal requirements. This protects the private assets of managers and safeguards the company's ability to act.
Let us advise you, your CleanTech specialists
As a specialized and independent insurance broker, we will be happy to advise you on your individual insurance strategy. The right sums insured, deductibles and the scope of the desired cover also play a role here.
Specialized risk management with Risk Partners Technology
Your advantage with Risk Partners Technology
- Specialized knowledge: Insurance solutions that precisely map your technologies and projects.
- Tailor-made policies: Individually tailored to your risks.
- Proactive risk management: early risk analysis for maximum security.
- Efficient claims handling: fast support in an emergency.
Our approach:
- RISK ANALYSIS:
Together we analyze your insurable risks by coordinating your products, supply chains, transport routes, contracts with customers, travel routes of your employees, international locations and much more, and classify the risks for you according to criticality. - RISK ASSESSMENT:
Consultation with you to assess your individual risk appetite, on the basis of which we can develop insurance programs. - EXISTING INSURANCE SITUATION:
If you already have insurance, we check it carefully for its insurance cover and present our analysis to you transparently. - TENDERING AND NEGOTIATION:
We negotiate offers for your insurance cover with various suitable insurers and compile the results for you in a transparent overview of offers. This also allows you to see how insurers who have not previously offered cover assess your risk. - IMPLEMENTATION:
We set up the insurance strategy and implement the insurance program for you so that you can contact us at any time with any questions about your insurance. We proactively provide you with policies and insurance overviews as well as insurance confirmations so that you can offer your customers and investors the security they need.
Conclusion
With the right insurance, you can protect your innovations and ensure the success of your projects. Risk Partners Technology is your partner for comprehensive protection in the CleanTech and renewables sector.
Contact us at hello@riskpartners.technology to discuss your risks and develop customized solutions!
Our approach
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Feel free to contact our experts for a non-binding consultation!