In the global transition to low carbon and renewable energy, offshore wind farms have taken a central role.
Since 2018, Norwegian Hull Club has been insuring wind farms both during the construction phase and after commencement of operations. We offer the following covers:
- Construction All Risks
- Delay in Start-Up
- Operating All Risks - physical loss/damage to offshore wind farms in operation
- Business Interruption and Contingent Business Interruption
- Third Party Liability
Insurances are not only offered to the developers, contractors, investors, owners and operators of offshore wind farms but also to suppliers, operation & maintenance contractors and original equipment manufacturers.
In addition, insurances are offered to owners and operators of transmission infrastructure, hereunder the offshore transmission owner (OFTO) companies in the UK and other transmission system owners and operators directly linked to one or several wind farms.
Norwegian Hull Club - the Preferred Leader
With extensive experience from the marine and energy segments as Claims Leader, Norwegian Hull Club will be offering to take the Claims Lead position for some specially selected projects and farms.
When placing insurance with Norwegian Hull Club as Leader, an Assured has access to claims handling experience, service levels and competence of the highest quality. We handle claims and critical situations in the most professional way. We prioritise and make claims settlements much quicker than the industry average, through practical, solution-driven claims handling and involvement from notification to final payment. Norwegian Hull Club encourages teamwork together with the Assured and the broker.
Our world-leading contingency support and operational intelligence services are developed from handling some 2,500 claims every year. We organise a wide variety of loss prevention activities for both ship and shore-based staff, sharing experience from actual incidents, aimed at improving industry best practice.