Don't Let Wind Turbine Claims Blow Over: How To Assess Recovery

As capacity continues to grow and technology behind wind energy continues to improve, more and more insurance underwriters are taking steps to include at least some wind energy business in their portfolios, generally underwriting via dedicated energy units. Experts believe that underwriting opportunities in wind technology will remain a significant growth industry for the next 20 years.

From an underwriting standpoint, commonly available types of coverage include protection for those individuals responsible for the design, construction, erection, commissioning and testing of wind turbines, as well as coverage for all risks of loss including destruction or damage to the turbine or property where the turbine is erected.