Sectors
OFFSHORE WIND
Specialist coverage, tried and tested in the marine environment
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YOUR INSURANCE PARTNER IN THE MOVE OFFSHORE
With narrow windows of favourable weather for project access, the financial impact of downtime and delay in start up can be costly – and these risks are set to grow in prominence as costs fall, sites grow in size and technical complexity, and the industry moves into deeper waters.
GCube has a track record of insuring offshore wind projects in Europe and further afield for over a decade. We have underwritten a number of first-in-market projects worldwide, from early near-shore and fixed-foundation developments to the very first floating wind demonstrator sites off Japan.
Our tried and tested coverage includes Construction All Risks (CAR), Operation All Risks (OAR), Ocean Transit All Risks and Marine Delay in Start Up cover.
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12GW
OFFSHORE WIND CAPACITY UNDERWRITTEN
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$300M
Property Capacity
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A++/A+
RATED BY A.M. BEST/S&P
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$250M
IN OCEAN TRANSIT
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6
FLOATING WIND PROJECTS INSURED
