The highly qualified team at InterRISK, combined with our London Broking partners, have extensive experience with the provision of insurance and risk management solutions for those entities involved with power generation, renewables, and fossil fuels.

InterRISK has developed the expertise to produce insurance programs that will satisfy the requirements of financiers, regulators, developers, owners and contractors. Our specialists have skills with projects, construction, property, liability, marine, business interruption and political risks. Our people combine to bring these skills together to provide cohesive solutions tailored to the needs of our customers.

The insurance solution we are able to provide

We can provide competitive terms and coverage for the following risks under a single insurance product/program:

• Transit Risks - world wide
• Marine, air, road transport of major project components
• Loss of revenue/profit caused by component loss or damage during transit
• Loss of revenue/profit caused by delays in delivery of components to the project site
• Construction
• Erection all risks
• Advanced loss of profits due to delays in completion
• Testing and Commissioning
• Generating system calibration
• Control system calibration
• Power curve verification
• Mechanical systems
• Operations All Risks
• Mechanical and electrical breakdown of non warranty components.
• Covering all components including towers, nacelles, blades, foundations, high and low voltage infrastructure and sub-stations
• Covering equipment damage resulting from perils including lightning, earthquake and flood
• Claims settlement on replacement cost
• Business interruption for loss of revenue and additional expense incurred
• Contingent business interruption for loss of revenue resulting from damage to non-owned equipment
• These policy sections provide continuity of cover for the contractor, owner, developer, and financier through all stages of a wind power project.

Global Expertise

Although InterRISK is Australian based, we have access to all reputable insurance markets through agreements with key intermediaries on a global basis. We are not limited by the need to use any particular service providers in accessing other insurance markets. Nor is InterRISK tied to any insurance underwriters. Therefore, we ensure that the most suitable and skilled intermediaries assist us, to obtain the best result for you. This independence and selection of service providers also continues through to risk management services, an area in which we are able to provide specific solutions to meet your needs.

Claims Management

In understanding the claims exposure you may face, InterRISK can assist you by tailoring a solution to address your situation. We can work closely with third party claims providers of your choice or can arrange providers on your behalf. In addition we can work closely with your organisation as an additional technical resource. Our extensive claims experience is aimed at reducing the total cost of risk.

Our Practice Leader for Power & Utilities is:

Scott Hastings
Level 13, 500 Queen St, Brisbane QLD 4000
Ph: 61 7 3833 8600
Email: scott.hastings@interrisk.com.au