Intact Insurance is committed to supporting Canadian businesses transition to renewable energy
The renewable energy industry faces unique complexity, but that isn’t stopping Canadian businesses from driving innovation and the transition to cleaner, more sustainable energy sources. Now, more than ever, businesses need local brokers and an insurance partner who are equally committed to supporting their ambitions.
The right coverage from day one
From the early stages of project development through to construction and maintenance, Intact Insurance partners with brokers to deliver meaningful protection to customers throughout the lifecycle of their business. Our experience in the renewable energy sector, risk control expertise and financial stability means customers have insurance solutions to support their business.
Intact Insurance provides coverage from specific perils that, historically, result in higher claims, severity and frequency. While customers in high flood or hail prone areas can’t change weather patterns, they can make informed business and design choices that help reduce exposure – and that’s where we excel. We use our expertise to anticipate the needs of renewable energy customers so they can focus on ensuring their operations run as smoothly as possible.
Often renewable energy projects such as wind and solar are installed outdoors and, in Canada, that means exposure to a variety of harsh and challenging weather conditions such as hail. Equipment breakdown can pose a real threat to operations and the bottom line for business owners, which is why it is included as part of Intact’s solution for renewable customers.
Part of our solution from day one, is working closely with our risk control team. Our risk engineers go beyond traditional assessments to provide meaningful insights on weather volatility, regulatory shifts and evolving technologies – adding real value beyond coverage.
Focused on expertise
The Intact Insurance Renewable Energy team is a highly specialized group of risk, claims and underwriting experts with multinational capabilities and local focus to help customers get the most out of their renewable energy program.
Whether it’s solar, wind, hydro, battery energy storage systems (BESS), or emerging innovations, we’re committed to staying aheadby collaborating with industry associations such as the Canadian Renewable Energy Association and International Engineering Insurance Association, to better understand new technologies and industry challenges. We then take what we’ve learned and help brokers and customers protect their investment, their operations, and drive success.
Leading the way for Canadian renewable energy
The renewable energy sector continues to evolve and innovate – that’s what makes it complex. We’re here to help navigate the complexity to deliver insurance solutions so customers can pave the way for a cleaner and more sustainable future.
Intact Insurance is a trusted partner brokers can rely on to deliver technical depth, long-term vision, and a strong commitment to their customer’s success.
To learn more, visit intact.ca/specialty.
