It is more important than ever to look towards alternative methods of energy production, especially those that repurpose and reuse waste materials. Our Renewable Energy & Environmental Technology (REET) team are true specialists in this sector, working with clients to develop tailored risk and insurance solutions for all types of waste into energy projects.
Project expertise
Our team are experienced in servicing all types of W2X projects, including but not limited to:
- Traditional waste into energy (steam and engine generation)
- Waste to hydrogen
- SAF – sustainable aviation fuel
- Waste to fuel
- Waste to gas
- Anaerobic digestion
- Biomass
- Biofuels/biorefining
Construction & operational insurance programmes
Whether it’s your annual programme or project specific insurance, Miller’s expertise in designing and placing market-leading programmes means we’ve got you covered.
Construction phase
We work with owners, operators, contractors and engineering consultants to deliver:
- Owner controlled insurance programmes (OCIP)
- Contractor controlled insurance programmes (CCIP)
- Annual facility programmes
- Construction (erection) ‘all risks’
- Delay in start-up (DSU)
- Terrorism
- Third party liability
- Marine cargo/Marine cargo DSU
- Contractor’s pollution liability
- Directors’ and officers’ (D&O)
- Professional indemnity
- Property owners' liability
- Corporate insurances
- Plant and equipment
Operational phase
We liaise with all parties to ensure a smooth transition, with an emphasis on maintaining the correct cover for the relevant stages of the project.
Coverages include:
- Property damage ‘all risks’ and Engineering breakdown
- Third party liability
- Business interruption/Contingent business interruption
- Terrorism
- Statutory and corporate insurances
- Environmental impairment liability (EIL)
- Contractual financial loss (CFL)
- Directors’ and officers’ (D&O)
- Professional indemnity
- Mobile plant/Hired in plant
Alternative Risk Transfer (ART)
Sometimes a traditional insurance policy is not the best fit for a project. This is where an alternative risk transfer (ART) solution could be beneficial, either alongside a traditional insurance policy or as a standalone method. On many occasions we have seen these innovative insurance solutions used as a ‘deal enabler’ to unlock difficult risk issues for investors and lenders to enable investment and lending decisions, as well as free up capital and reduce borrowing costs.
We are experienced in many forms of ART, including but not limited to:
- Parametric insurance
- Performance guarantee insurance
- Captives
- Surety bonds
- Deductible buy down
- Permit and title risks
Our service proposition
A solutions based company
We believe in assisting our clients with their own risk management approach, identifying solutions and deal enablers to ensure that projects can proceed with the right risk balance to satisfy owners, investors, lenders and the contractual supply chain.
Industry experts
Our specialists are leaders in their fields. With extensive expertise across all aspects of Renewable Energy & Environmental Technology, having operated within the industry and in the London insurance market, we understand your business inside out. This allows us to propose risk solutions to both protect and enhance your projects.
Collaboration
Teamwork is in our DNA. We work in partnership with our clients to identify and understand your problems, and together as a team to deliver solutions. We always act in your best interests, without exception.
Client-first service
We place our clients at the front and centre of everything we do and believe in building long-term partnerships. Our service model, based on this ethos, is what differentiates us from our peers. Our construction team handles all core aspects of client service, including day-to-day enquiries, market broking, account handling and claims advocacy. Every team member knows your account in full and we all share the same commitment to your business.
Proactive claims advocacy
We never overlook the importance of a prompt and helpful claims service and the peace of mind this can offer. As a result, we have built one of the strongest claims teams in the industry, where our construction claims specialists work alongside our placing brokers and technical teams for maximum efficiency.