SECTORS
Energy & Fuel
Types of pioneering energy and fuel developments
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Hydrogen production, storage, transport, engine and fuel cell technologies
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Wave and tidal
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Geothermal
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Small nuclear
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Energy storage
Who needs innovative risk solutions?
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Research investors
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Plant and infrastructure owners
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Manufacturers and suppliers
Solution examples
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Energy and fuel products, materials and resources are intended for use in vast quantities and in an infinite variety of locations. The Oil and Energy insurance sector has specialist insurance products. These are based upon the traditional sources of energy and fuel and the history of claims in that sector is the principal basis upon which breadth of insurance cover and its pricing are founded. This market is well catered for.
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Our focus is on alternative energy technology development, production, distribution and storage, i.e. renewables, green power, sustainable fuels etc.
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Our role is to ensure that the insurance available to renewables and new fuel sources is of equal reliability and effectiveness to the insurance available to traditional energy/fuel products. We are able to advise on the breadth and terms of an insurance product that will serve the renewable client’s needs. We can also advise on creation of Communities of Interest to assist in the development and delivery of joint solutions, alternative risk transfer and alternative risk finance vehicles, and loss and design of claims’ remedial pathways, all of which also serve to unlock further pioneering R&D work in the field.
Lignum Risk Partners and its team members’ work in this sector
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Delivery of feasibility study followed by creation of specialist insurance company for European renewable energy business