wind power

Wind turbine from aerial view. Sustainable development environment friendly concept. Wind turbine give renewable energy sustainable energy alternative energy. Wind sustainability energy.

The Wind Power industry has seen tremendous growth over the past few years and is a mature technology that will maintain its competitiveness in the energy market. Midlands Wind Power policy provides an innovative way to manage earnings, unpredictability and associated financial distress. From development through operational risks, we are able to cover each stage of the life cycle of a Wind Power project. Our expertise in renewable energy and strong relationships with the world’s best carriers ensures you have the advantage in the Wind Power space.

LOSS OF INCOME

  • Wind is inherently irregular and therefore stakeholders require loss of income coverage due to wind volatility
  • For on- and offshore wind power projects
  • Tailor-made based on individual locations, setup, technology and an agreed upon wind index (e.g. from NASA)
  • A payment is triggered when wind speeds are higher than or fall below a certain pre-agreed percentage of the calculated long-term average

PACKAGE

  • Liability
    • Third Party Liability
    • Employers’ Liability
  • Ocean Transit All Risks
    • Marine Delay in Start Up
    • Cargo/Stockthroughput
  • Construction All Risks
    • Inland transit
    • Testing and commissioning stage
    • Advanced loss of profits
    • Phased operational coverage
    • Physical damage
  • Operational All Risks
    • Mechanical and electrical breakdown
    • Physical damage
    • Business interruption (includes REC)
    • Contingent business interruption
  • Loss Control and Engineering
    • Equipment specification
    • Operational performance

WE INSURE

  • Developers
  • Contractors
  • Owners
  • Operators
  • Manufacturers
  • Suppliers
  • Commercial & Utility Scale
  • Worldwide Onshore & Offshore

SUBMISSIONS

Complete only the application(s) below that correspond to the coverage you require.  Email completed applications to submit@midman.com:

UNDERWRITER

James Caldwell
(405) 226-0525
jcaldwell@midman.com