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Climate Tech and Renewable Energy

By taking on a wide range of climate-related risks, Chubb's Climate+ is helping companies as they transition to a low-carbon economy.

solar panels
Overview

Innovating to meet the challenges of a changing world

Chubb's Climate+ spans major industries, with a goal of enabling climate change progress in a meaningful way. We provide a full spectrum of insurance products and services to businesses engaged in developing cutting-edge products and services, or employing new technologies and processes that support the transition to a low-carbon economy.

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Enabling climate change progress

We’re enabling climate change progress around the world, both at an industry level and in local communities. By taking on a wide range of risks for the long-term with a full spectrum of solutions, we can scale to meet your growth and needs, however complex.

  • 20+ years’ experience protecting renewable energy businesses, keeping pace with rapid change 
  • A full spectrum of solutions that scale, serving early stage innovators to commercialisation of complex technologies
  • Pioneering the next generation of risk management with a one-of-its-kind global educational facility: the Chubb Risk Engineering Centre
  • Dedicated, industry-specific expertise from our underwriters and risk engineers, who enable risk mitigation with customised solutions
  • A commitment to innovation as we underwrite risks for a third of the Global Cleantech 100 companies
  • Local presence in 54 countries and territories gives us insight into the leading edge of new technology developments
  • Sharing insights and best practices with brokers and clients to help them seize opportunities in their transition to a low-carbon economy
  • A long-term, scientifically-based approach, backed by substantial resources and commitment, to help our clients manage complexity as risk evolves

Climate Tech companies

Whether you’re at the early stage of innovation and growing your company, or managing a global Climate Tech company, you need to protect your company’s future and your investments.

 

Target Sectors

Transportation and mobility

Companies involved in electric vehicle components, charging stations, and charging infrastructure, decarbonisation and electrification of transportation and micro-mobility.

Food and agriculture

Companies developing alternative proteins or cellular foods, precision agriculture, and vertical farming equipment manufacturers.

Carbon tech and climate finance

Companies involved in carbon capture and storage, including climate-related industry associations, consultants, research and development, incubators and innovation labs.

Built environment and energy efficiency

Companies innovating in building automation solutions, energy-efficient heating and cooling equipment, alternative materials, industrial processes and recycling.

Renewable and alternative energy

Companies supporting the renewable and alternative energy market including manufacturers of solar panels, wind turbines, electrolysers, and the service providers and technology companies enabling those solutions.

Storage and transmission

Companies developing new emerging battery technology or manufacturing battery energy storage systems (BESS), including alternatives storage, fuel cells, and smart grids.

   

Renewable Energy and Alternative Fuel companies

The renewable energy and alternative fuel sectors are rapidly evolving and present significant risks. Companies rely on complex infrastructure in hazardous environments and must prioritise safety and business continuity. As consumer behaviours shift and technology advances, it's essential to fully understand risks and exposures. Chubb offers the insight, expertise, products, and services necessary for comprehensive insurance and risk-mitigation solutions, servicing the industry segments for nearly 40 years.

 

Target Sectors

Renewable energy

Companies developing, owning and operating: solar power, wind power, energy storage, power transmission and distribution, hydropower, fuel cells, geothermal, biomass power, wave and tidal power.

Alternative fuels

Companies developing owning and operating: biofuel production, renewable natural gas production, synfuel production, hydrogen production, transportation and storage, and nuclear power.

Other transition technology

Companies developing, owning and operating: heating & cooling networks, carbon capture & storage, water desalination, and other emerging technologies.

CHUBB SOLUTIONS
CHUBB SOLUTIONS

A pioneering climate solution for your business

PremierClimate

As a proactive partner, we understand the risks specific to the Climate Tech industry. PremierClimate is a multiline solution that provides comprehensive and customisable insurance coverage and services in one package, designed to support the growth of Climate Tech companies.

Renewable Energy Package (Coming Soon)

Forward thinking protection for small-medium sized renewable energy projects in a comprehensive multiline package. Your business can be covered throughout both the construction and operational phases, with an option for seamless protection from construction to first year operations.


Other products and coverages

  • Property All Risks
  • Construction All Risks
  • Delay in Start-Up
  • Operators All Risks
  • Business Interruption
  • Project Cargo
  • Casualty
  • Product Recall
  • Professional Indemnity
  • Technology Errors & Omissions
  • Manufacturers’ Errors & Omissions
  • Cyber
  • Financial Lines
  • Workers Comp
  • Employers Liability
  • Environmental
  • Multinational
  • Terrorism & Political Violence
  • Surety
  • Accident & Health
Why Chubb?
Why Chubb?

Insurance solutions you can trust

  • We’re specialists in risk
    We bring a wealth of experience together, because the biggest challenges need to be met by broad and deep expertise.
  • Coverage that enables growth
    At the heart of our proposition is tailored coverage designed to grow with your needs and ambitions. All backed by specialist underwriting experts.
  • Proactive risk prevention
    Our risk engineering capabilities can be deployed for larger, complex risks to help identify and mitigate risks before they impact your projects.
  • First-class claims management
    Our expert claims handlers support clients through each stage of their claim. We’re quick to respond and act decisively.
  • Local insights
    Local presence in 54 countries and territories, providing insights into leading edge of new technology developments.
Insights

Helping clients advance the transition to net zero

On the road to net zero, companies must focus on immediate risks while also working to transform their organisations to develop new climate technologies.

Demystifying Climate Tech

A burger made of seaweed, a car that can give extra electricity back to the grid, a hydrogen-powered truck or power plant are all possible thanks to climate technologies. Such technologies are critical in the transition toward a net zero economy.

Meshed offshore grids

Discover how meshed offshore grids, enabled by HVDC technology, can optimise energy transmission, enhance grid resilience, and contribute to a cleaner energy future.

Contact Us
Contact Us

Questions about Climate Tech insurance solutions?