Energy Efficiency Retrofit insurance

Key benefits Risk appetite Resources Contact

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.

DUAL 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

DUAL 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.

Risk appetite

DUAL 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 get in touch for further details.