ACE Group, a UK-based insurance company, has launched a dedicated environmental policy for companies in the renewable energy industry in the UK and Ireland.
ACE Renewable Energy Environmental Protection covers environmental risks faced by renewable energy companies from the start of construction of renewable energy plants through to their operation, ACE Group states.
It is available to energy producers in renewables sectors, namely solar, onshore and offshore wind, tidal, hydro, waste-to-energy, biofuel and landfill gas extraction.
Emma Bartolo, ACE Group’s UK and Ireland Environmental Risk Manager, said: “While renewable energy and environmental risks have been in the news for many years now, still many brokers and their clients in the sector are still unaware of the environmental risk exposures that they face and with increasing regulation and third party costs, they could potentially face expensive and damaging claims.”