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We know that renewable energy is crucial to reducing global greenhouse gas emissions and plays a pivotal role in providing power to UK homes and businesses. At Simcox Brokers, we can arrange a host of covers including professional indemnity insurance for your renewable energy business, protecting you against your professional risks.


As an independent broker we have built strong working relationships with a wide panel of specialist insurers in this sector and can assist you throughout the application process, helping best present your firm to the insurers and fully supporting you in the event of a claim.  


  • We can work with renewables projects at any stage – from design all the way through to operations performance, navigating the complexities of the market risks you face

  • We can arrange tailored cover that provides robust protection to the unique exposures and challenges across all sub-sectors of the renewable energy sector

  • Risk management expertise tailored to the inherent and emerging risk profile of each client’s operation


Independent & Specialist Insurance Broker

Transparent & Simple Communication

Friendly & Personable Approach


Valuable insight and industry knowledge

Understands your industry specific risks

Impartial & objective


Consultative approach

Access to a wide panel of Insurers

Comprehensive selection of products & services


We understand this complex industry and the various associated risks: environmental, contractual, supply chain, delivery, construction and operational. Whether the project in question is at 'operational' or 'construction' phase, we can navigate the complexities of the market by working closely with our panel of specialist insurers to arrange an industry-specific programme which can cater for the following:


  • Professional Indemnity

  • Abortive planning cover

  • Directors and Officers Liability (D&O)

  • Legal indemnities

  • Employers’ liability

  • Public and products liability

  • Contract works

  • Delay in start-up

  • Third party liability

  • Environmental impairment liability

  • Marine and transit

  • Terrorism

  • Material damage and mechanical breakdown

  • Business interruption

  • Cyber


Renewable Energy Insurance will continue to evolve with the industry as a whole, as we move forward to a greener, more sustainable world. The stakes are often high, which means the downsides can be disastrously low if mistakes creep in. Human error can happen, and when it does the claims can be expensive. You don’t have to make a mistake to have a legal claim made against you - As a professional in the renewable sector, you could receive a claim from a project you had worked on even if you were not negligent in your design or consultancy.


Whatever stage your business is at, Simcox Brokers will find you effective renewable energy insurance that covers both generic and specific risks and can also give you practical advice on how to minimise risks and related costs.


What is Renewable Energy insurance?

Professional Indemnity (PI) insurance can be taken out for renewable energy companies and is put in place to cover legal fees incurred, as well as any damages and/or expenses which may be awarded against your company as a result of a claim that you have caused your client a financial loss.

What determines the cost of a Professional Indemnity insurance policy?

When assessing a renewable energy insurance premium, insurers will consider a number of different elements. This can include your experience/qualifications, your claims history, areas of practice i.e. low or high risk, fee income and the types of contracts you get involved with. Insurers may also want to be provided with information about what risk management procedures you have put in place.


In order to get the best premiums from the insurers, it is important to complete an accurate and clear proposal to present to them. This should include detailed information about your experience, the services you provide and any procedures you have set to mitigate your risk. This information will also help your broker negotiate the most competitive insurance premium for you, so is worth investing the time in.

What limit of Professional Indemnity is needed?

When putting in place Professional Indemnity insurance for renewable energy companies, there are a few areas of consideration.


The first area of consideration is the sectors you work in and the types of clients you have. Your regulatory or contractual responsibilities within the work you carry out will also need to be thought about, taking into account maximum amount you could potentially be held labile for, should a claim be made against you.


Additionally, it is crucial to ensure the limit of indemnity cover you have meets your regulatory bodies' requirements, or covers what limit your client may have stipulated within a service contract with you.

Do renewable energy companies require Cyber Insurance?

No matter what industry you work in, or your volume of computer-based work, we believe it is unlikely that your business is not at risk from cybercrime in some way, shape or form.


Potential cyber risks such as data breaches, funds transfer fraud, ransomware, phishing and social engineering amongst others, are where many businesses are still unprotected!


At Simcox Brokers, we encourage all renewable energy companies to review their risk and need for Cyber Insurance and we are here to support you through this process, making sure you have the right level of protection in place.

I have my own business; do I need Directors & Officers Insurance?

It is important to remember that Directors have specific duties and responsibilities within a business, meaning there is the possibility of being held personally liable if they are found to be in breach of these duties.


This could arise as the result of litigation from various parties such as regulatory bodies creditors, or shareholders.


If legal action is brought against a director or officer for an alleged wrongful act, a Directors & Officers (D&O) insurance policy will cover their legal defence costs, as well as any expenses.


After drowning in complicated forms, confusing small print and expensive quotes, Simcox Brokers were like a breath of fresh air – clear, informative and approachable. They managed to negotiate a very competitive quote, saving me over 25% from the previous year. Excellent service, thanks


Simcox Brokers have provided me with an excellent service this year, not just in providing quality insurance cover and advice but also in support too. I had a claim during the year which (not through our or Simcox’s fault) lasted for around five months and their support throughout has been fantastic in terms of guiding me, keeping me regularly updated without me having to prompt and reassuring me. They made the whole process much simpler and so much less stressful than it could have been. Thank you to the Simcox team!


Simcox Brokers was able to navigate the complexities of our market and offer us a solution that perfectly met our needs. This was undoubtedly derived from taking the time to understand our business thoroughly


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