About

Renewable Energy Insurance Specialists

Combining unparalleled renewables market knowledge with the sector's longest track record paying renewable energy claims

Renewable Energy Insurance Specialists

AN EXCLUSIVE FOCUS ON RENEWABLES, SINCE 1987

At GCube, renewable energy insurance is all we do.

Having underwritten the very first utility-scale wind farms, we have been a specialist in renewable energy risks for over 25 years. We now insure over 100GW of projects under construction or in operation in 40 countries around the world, spanning both established and emerging renewable energy technologies.

This means that we have a unique long-term analytical perspective for risk mitigation and loss control. With the most extensive claims database in the sector, we know what goes wrong, when and where, and share this insight to the benefit of our clients and brokers.

In turn, we are able to offer the most comprehensive suite of renewable energy insurance products available in the market. This offering continues to evolve in line with the priorities of asset owners, operators and investors.

Following our acquisition by Tokio Marine HCC in May 2020 we are expanding our presence in key renewables markets worldwide, including Japan and Taiwan, while continuing to develop and enhance this product offering to asset and portfolio owners. We offer A++ (A.M. Best) and AA- (Fitch) rated policies, with a capacity of up to $300M in property for Wind, Solar and Hydro schemes, which is more than sufficient to cover the largest renewable energy projects. This is further supported by up to $35M in liability capacity.

We have paid over $500M in claims, 95% of which within 30 days of Proof of Loss being signed.

The GCube Difference

Knowledge, Experience, Integrity

We pride ourselves on the wealth of expertise we have gained over 25 years supporting the renewable energy sector. Not only does this inform a robust approach to underwriting and claims payment, it also enables us to share information to the benefit of our clients and the wider industry.

GCube’s Track Record

OUR KNOWLEDGE. YOUR POWER.

We pride ourselves on the wealth of expertise we have gained over 25 years supporting the renewable energy sector. Not only does this inform a robust approach to underwriting and claims payment, it also enables us to share information to the benefit of our clients and the wider industry.

Our Milestones

  1. Acquisition by Tokio Marine HCC

    GCube is acquired by Tokio Marine HCC, expanding its presence in key renewable energy markets worldwide

  2. Managing Cyber Risks

    GCube announces its first-in-market Cyber Risk product, providing renewable energy projects with protection from cyberattacks on proprietary or third-party IT and OT systems.

  3. $500 MILLION

    GCube reaches the milestone of $500 Million claims paid in the renewable energy sector

  4. MANAGING RESOURCE RISK

    GCube unveils its Weather Risk Transfer (WRT) mechanism, providing wind, hydro and solar project owners with a means to mitigate the financial impact of resource volatility

  5. SHARING CLAIMS DATA

    GCube publishes Breaking Blades, the first in an ongoing series of unique loss trend reports making use of its extensive claims database

  6. A SAFETY NET

    GCube announces an innovative policy to cover US developers and contractors in the event of the cancellation of the Production Tax Credit (PTC)

  7. THE WORLD'S LARGEST

    GCube is launched to support the wind, solar, biofuels, hydro and wave & tidal sectors, becoming the world’s largest insurer of renewables

  8. EARLY BEGINNINGS

    WindPro is launched to provide insurance coverage for the first utility-scale wind farms in the United States