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CAPACITY

We are able to offer up to USD140,000,0000 for either bio diesel or ethanol projects. We expect to increase our underwriting capacity to in excess of USD200,000,000.

COVER

As with our other products we are able to write on a ‘cradle to grave' basis. This means we can accommodate risks across all phases or stages of the project. We currently have a large amount of underwriting capacity for both ethanol and bio fuels, however, with the appropriate information we will consider other types of bio crop risks.

DIFFERENT RISK - DIFFERENT COVER

Feedstock and fuel costs are both volatile and have an impact on business interruption losses that may arise. It is for this reason that we have designed bespoke policy wordings that specifically respond to the needs of the industry as opposed to standard property type policies. As an example the BioPro form has an extension for business interruption following loss or damage to property owned by customers or suppliers.

LOSS CONTROL

Our stance is different to most other underwriters in that we do not tell you how to build or operate your project - we think the insured is best qualified to do this. Instead we will evaluate each risk on an individual basis and underwrite it on its merits. However we can offer our expertise and assistance by way of a loss control survey which we will usually undertake at our cost.