
Energy
Specialty Insurance
The Energy sector is sometimes seen as conservative in adopting new technologies. On the other hand, it's adopting advanced technologies, from digital oil fields to Smart Grids in Power Electric Utilities to clean tech. As a heavy-duty industry with hazardous operational locations and risks to and from the environment, the Insurance Industry has already innovated, creating specialty insurance for the energy sector, from environmental liability to Weather Insurance, to mitigate the adverse conditions that could affect the performance and output of renewable energy projects, such as insufficient wind for turbines or lack of sunlight for solar panels.
In the Energy Sector, cyber-attacks represent the most significant threats, disrupting a critical infrastructure for energy distribution. Zyber Insurance partners with innovative carriers for the energy sector, offering traditional specialty insurance, new types of digital-related insurance such as Cyber and Cloud downtime but also emerging energy-specific specialty insurance such as for Battery Energy Storage System
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Typical Insurance Solutions for the Energy Sector
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Property
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Equipment Breakdown
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Cyber Insurance
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Products Recall
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Primary Casualty
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Umbrella
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Errors & Omissions
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Commercial Auto
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Builder's Risk
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Owner's Interest Liability
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Environmental Liabilities
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Financial Lines
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Marine
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Accident & Health
Insurance
Beyond Traditional Specialty Protection
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Wind Energy Parametric to protect against insufficient or excessive wind
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Solar Energy Parametric Insurance to protect against insufficient solar radiation and extreme theater events.
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Battery Energy Storage System Insurance to protect against fire and explosion triggered by modern battery technology
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Cloud Downtime Insurance to protect against unavailability of cloud providers (AWS, Google and Azure)
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Comprehensive Cyber and Tech E&O for solution providers deploying Critical Infrastructure Networks such as Smart Grid
Schedule a free Zoom Meeting consultation to discuss your specific protection needs and insurance requirements. Coverage is subject to underwriting and the terms, conditions and limits of the policy issue, and may vary from Insurer to Insurer.
