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Wave and tidal projects are amongst the technologies that whilst in their infancy are capable of producing some of the best returns in the renewable energy sector.  We understand the needs of these new industries and are able to offer policies that are tailored to them. In the same way that we responded to the needs of the wind power industry's request to find specialist insurance solutions for their needs nearly 20 years ago, we have adopted the same approach to both wave and tidal risks.

Capacity

We have the capacity to be able to underwrite 100% of even the largest wave or tidal project anywhere in the world. 

Cover

Specially designed wordings for the offshore industry make our product offering one of the most comprehensive available.  We can offer simple forms of cover such as marine impact only, or on an 'all risks' basis, including erection, testing, operational and decommissioning phases.

Licenses

Because we benefit from Lloyd's licenses, we can provide cover globally without the need for complicated and costly 'fronting' or reinsurance arrangements in most instances. This means you receive the insurance policy directly from us, no one else.