With more than 100 years of collective experience insuring marine and traditional energy clients, you can be sure we’ll cover the myriad of insurance details for both on-shore and off-shore wind projects.
Our Energy Division provides an intense focus on the renewable energy sector.
Allen Insurance and Financial is a member of the Maine Wind Industry Initiative. We have relationships with the leading companies in the Northeast providing services to renewable energy projects. We partner with international and domestic insurance carriers specializing in providing the tailored coverage needs of the wind industry.
Here’s our bottom line: We’re experienced and knowledgeable. We will develop a comprehensive risk management/insurance program structured to the unique risks associated with a renewable energy enterprise. We provide the kind of customer service that allows our clients to focus on building and maintaining the systems that will provide for our future energy needs.
We can customize an insurance program to address:
• Ocean & Inland Transit and Marine Delay in Start Up
• Construction All Risk and Advance Loss of Profit
• Operating All Risk Property Coverage
• Loss of Business Income and Extra Expense
• Mechanical Breakdown
• Turbine Warranty Wrap Around
• Contingent Business Interruption
• General Liability, Umbrella Liability and Marine Excess Liability
• Hull P & I
• Specialized Vessel Builders Risk
• Workers Compensation
• Directors & Officers
Off-shore wind projects require an expertise found at few insurance agencies. You can be certain our extensive marine expertise will be brought to bear when a project reaches the water’s edge and as it moves through the phases of construction, installation and ongoing maintenance. We will ask the kind of detailed questions only an expert would know to ask.
We will also address all of the various federal statutes that apply, including (but not limited to) Merchant Marine Act of 1920 (Jones Act), Outer Continental Shelf Lands Act, U.S. Longshore and Harbor Workers Compensation Act, etc.
We’re pleased to be able to play a part in our world’s energy future. Let us know how we can help you.