Our products

We offer a wide range of products targeting construction, operation, manufacturers, and maintenance/operating companies in the field of renewables.

How our products work

Here’s a look at how our products are designed.

The insurance policies sold by ENRSUR are insurance contracts that deal simultaneously with:

  • legal or contractual obligations agreed upon with investors and co-contractors

  • the need to protect individual facility business plans particularly in the context of their financing plan

  • the need to protect companies financially against risks that might affect their development or existence as agreed upon with investors and co-contractors

Construction

Here you’ll find a detailed view of our products for construction projects.

This cover allows for the financing, building, and operations of renewable projects when administrative authorizations are under recourses from opponents. The guarantees take charge of all the financial consequences for lenders, investors, and developers following an unfavourable decision from a court.

Marine Cargo insurance covers during the transportation and temporary storages, the material damages to the goods intended for the construction site, and eventually the delay in start-up due to a loss suffered by goods.

This insurance covers, during the duration of the work, all accidental damage occurring to the works on site up to the amount of the work and fees. It can also cover the amount of the advanced loss of profit suffered by the SPV due to delays in the start of commercial operation due to a disaster.

The purpose of this cover is to indemnify the insured in respect to all sums that they may become legally liable to pay following the death or personal injury to persons and loss or damage to property in connection with the Project or in the execution of the Works during the period of insurance.

Operation

Find the most suitable product for your project operations here.

This insurance is a pre-financing cover of the Decennial Liability of the builders and covers mainly the solidity of the work during 10 years from the handover and insures the SPV and any future owner against major structural damage resulting from poorly planned or executed building-work.

Covers the costs incurred in Reinstatement, Replacement, and/or Repair of Mechanical and Electrical Equipment following mechanical breakdown or accidental damage including natural hazards, earthquake, snow weight, floods, storms, and hurricane/cyclone and losses resulting from a temporary shutdown due to the occurrence of an insured peril. Business interruption insurance provides reimbursement for net profits lost as well as for the necessary expenses incurred to maintain the activity.

Covers losses resulting from acts or omissions that are legally deemed to be negligent and that result in damage to the person, property, or legitimate interests of others.

This insurance covers the cost of restoring damage caused by environmental accidents, such as pollution of land, water, air, and biodiversity damage.

Dismantling bonds cover legal or contractual commitments to dismantle renewable energy production facilities in the event of the bankruptcy of the companies owning the power plants.

Manufacturers and maintenance or operating companies

In addition to covering civil liability risks, our solution extends to more confidential requirements. In certain circumstances, these may be of significant interest.

This insurance covers the financial consequences of civil liability that may be incurred by companies due to bodily injury, material and financial damage, or resulting from error, negligence, or fault in the performance of their service.

Decennial Liability insurance covers the liability of builders towards project owners for a period of ten years from the acceptance of the work, against defects and poor workmanship, which:

  • Compromise the solidity of the work
  • Affect one of its constituent elements (viability, foundation, framework, enclosure, and cover structures) or equipment making the structure unsuitable for its intended purpose

Covers company property damaged or destroyed during an accidental event as well as additional costs or business interruption resulting therefrom.

Director and Officers Insurance covers the personal assets of your business's directors and key managers (officers) due to the claims made against them for alleged wrongful acts.

Cyber and Fraud insurance: the first covers companies for all risks related to information systems and cyberattacks (including hacking of its systems, viruses and trojans, ransomware, and more). The second protects companies against the risk of external fraud (fake president scam, fake supplier, etc.), and internal fraud (embezzlement by an employee).

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