GCube Increases Capacity to $680 Million for Wind and Solar Projects
August 22, 2010, New York & London – GCube, the leading provider of insurance services for renewable energy initiatives, has increased its underwriting capacity to $680 million for wind energy and solar projects worldwide. Despite a contracting insurance market, the additional capacity was raised separately from existing Lloyd’s underwriting capital providers. With the size, scale and ambition of wind and solar farms on the increase, associated costs have matched this pace and have continued to rise. As such, there has been a marked demand for insurance policies and solutions...
Read MoreGCube Launches Wind and Solar Worker’s Compensation Program
July 19, 2011, New York & London – GCube, the leading provider of insurance services for renewable energy projects, working in partnership with International Facilities Insurance Services, Inc (IFIS) today launches a specialized workers compensation insurance offering for the wind and solar industry. Designed to address the increasingly complex challenge of providing employees with effective yet practical operational protection, the coverage meets the needs of project owners, developers, engineers and manufacturers working onsite. As part of the policy, renewable energy employers...
Read MoreGCube Launches Enhanced Defects Coverage for Established Wind Farms
May 23 2011, Newport Beach, CA – GCube, the leading provider of insurance services for renewable energy projects, today launches its Enhanced Defects Coverage program. This unique program provides a realistic and dependable response to equipment upkeep and maintenance when no longer covered by a traditional manufacturer’s warranty. The enhanced coverage comes at a critical time for the international wind energy industry as machinery warranties expire and wind farm owners and operators face increased maintenance and repair bills and further unexpected additional costs. To combat...
Read MoreGCube Insurance Services, Inc. Expands BioFuels Team
May 23, 2011, Newport Beach, CA – GCube is pleased to announce that Nick Coenen has joined the company, the leading provider of insurance services for the renewable energy sector around the globe. Nick Coenen joins as Vice President of Loss Control Engineering with an emphasis on biofuel and biomass sectors. “Nick brings a great deal of experience to our biofuels team and he will help us expand our product line in the biomass industry. His engineering expertise will provide our customers with loss control insight to help minimize their losses and production downtime.” says...
Read MoreGCube Launches Enhanced Defects Coverage for Established Wind Farms
May 23, 2011, Newport Beach, CA – GCube, the leading provider of insurance services for renewable energy projects, today launches its Enhanced Defects Coverage program. This unique program provides a realistic and dependable response to equipment upkeep and maintenance when no longer covered by a traditional manufacturer’s warranty. The enhanced coverage comes at a critical time for the international wind energy industry as machinery warranties expire and wind farm owners and operators face increased maintenance and repair bills and further unexpected additional costs. To combat...
Read MoreGCube Insurance Services, Inc. Expands Underwriting and Business Development Organization
April 1, 2011, Newport Beach, CA – GCube is pleased to announce that Michael Durning and Al Caceres have joined the company, the leading provider of insurance services for the renewable energy sector around the globe. Michael Durning joins as Executive Vice President of Client Relations and Business Development while Al Caceres will head up the firm’s underwriting practice as Senior Vice President of Underwriting covering all renewables. “We are extremely happy to have Michael and Al join GCube. They are recognized leaders in the insurance and power generation communities....
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