Renewable Energy
Supporting the transition to renewable energy
HRP Nordics provides specialist Renewable Energy Insurance solutions designed to support the development, construction and operation of sustainable energy assets across the Nordics and beyond.
With growing demand and increasing technical complexity, renewable projects require tailored risk solutions and deep sector understanding. We work closely with developers, investors, contractors and operators to help navigate this evolving landscape.
Our Underwriting Philosophy
Each risk is assessed individually, with particular attention to:
Technology & Performance Risk
We assess the reliability, track record and failure risk of wind, solar and storage technologies.
Construction & Delivery Risk
From design to commissioning, we evaluate contractors, timelines, and the risk of delays, defects or cost overruns.
Natural Hazards & Site Conditions
Projects are exposed to wind, storms, flooding or offshore condition. Location directly impacts both construction and long-term performance.
Revenue & Contractual Risk
We analyse how projects generate income, including power purchase agreements, warranties and how risks are shared between stakeholders.
“In renewable energy, technical performance and financial outcomes are closely linked. Our underwriting reflects both."
Lars Hendriksen
Managing Director
Claims Handling with Sector Expertise
Renewable energy claims can be technically complex and financially sensitive, particularly where downtime impacts revenue generation.
HRP Nordics works closely with technical experts, loss adjusters and legal advisors to ensure efficient and pragmatic claims resolution, helping to protect both assets and income streams.
Areas of focus
We typically support risks including:
- Onshore and offshore wind projects
- Solar (PV) installations
- Battery energy storage systems (BESS)
- Construction and operational risks
- Delay in Start-Up (DSU) and business interruption
Curious what we can do for you?
Get in touch to discuss your risk profile, underwriting needs or partnership opportunities.
