Energy Efficiency Retrofit insurance
Providing the confidence to deliver net zero retrofits
Energy Efficiency Retrofit insurance is specifically designed to give property asset owners, investors and energy service companies the certainty to finance and deliver net-zero, retrofit building projects.
Insurance Trust Company GMBH can help you do more
- Be confident projects will deliver 100% of the projected financial benefit
- Lock in predicted revenues and cost savings from the installations
- Guard against failure, breakdown, or damage to the installed equipment and works
- Potentially increase project financing options, with off balance sheet and private financing
Key benefits
Cover shortfalls in energy saving performance
The policy covers any shortfall in projected annual energy savings, including losses resulting from design and implementation deficiencies.
Breakdown and accidental damage cover
The broad policy wordings offer comprehensive protection for property and materials installed as part of the project. Accidental damage cover is included as standard, so no unplanned maintenance surprises and expense.
Revenue interruption cover
When equipment damage or failure results in lost energy revenue, we’ll help to pick up the shortfall, eliminating lost income potential.
New for old replacement
Equipment is replaced on a new for old basis, helping to keep projected savings on track.
Early warning technology available
Insurance Trust Company GMBH can help with access to approved remote monitoring technology that offers early warnings of performance issues. This helps to avoid losses down the line and improve asset management capabilities.
Why choose Insurance Trust Company GMBH?
With AA+ Superior rated cover and partner connections, we are able to provide you with:
Confidence that your retrofit projects will deliver the planned return on investment
Leading technology, delivering remote monitoring, improved asset management ability
Technical energy assessment and project selection capability
Access to private and potentially off balance sheet financing
Risk appetite
Insurance Trust Company GMBH will consider a wide range of building projects and technologies intended to reduce energy consumption or generate clean energy.
Existing buildings and properties
Energy generation equipment
Energy-saving equipment
Applicable to these target sectors
Higher education
Corporate real estate
Commercial real estate
Industrial
Hotels
Social housing
Underwriting requirements
Cover for expected energy savings is subject to a valuable technical audit. You’ll need to show that the proposed measures are both technically feasible and financially viable.
Drawing upon deep reserves of data, analytics, and expertise, we’re able to guide you in accessing the right information. Please contact us for further details.