Protection for industrial assets ...

CNC Asset - the one-stop shop for Insurance, Warranty and Finance

Biomass Insurance

Renewable Energy Insurance

CNC Asset, the market leading broker in machinery breakdown, is dedicated to providing a professional broking, advisory and claims service for businesses working in the renewable energy sector including those involved in Biomass Energy from single to multiple sites on an industrial scale. CNC Asset are specialists in Renewable Energy Insurance and have arranged bespoke wordings and coverage for their owner, developer and installer clients.

CNC Asset have an unparalleled understanding of electrical and mechanical breakdown of machinery and component parts as shown by their unique position of being providers of electrical and mechanical breakdown insurance to the Royal Air Force.

The process of Anaerobic Digestion occurs in several steps and requires a community of micro-organisms to produce methane gas. AD is a win-win solution. It creates valuable energy (combined heat and power) and fertiliser from waste, thereby reducing reliance on energy from overseas. AD benefits slurry management as the digestate produced is more stable and has better nutrient availability for plants than untreated slurry as well as reducing odours that would otherwise emanate from untreated slurry.

Other processes used to convert the material into energy sources are Pyrolysis and Wood Gasification which use heat and pressure in an oxygen free environment to produce biogas from carbon rich material.

CNC Asset have in house underwriting facilities for renewable energy with the most sought after insurers which allows them to issue operational insurance quotes and place on risk Anaerobic Digesters units on a 24/7 basis. This speeds up the whole quoting process and allows fine tuning of the policy and the premium. CNC Asset's insurers are A rated or better and are fully accepted by banks and lenders.

We currently insure owners, developers, installers and contractors for their respective risks. These risks are wide and various and can range from liability to transit of the digester, to breakdown and physical damage both prior to and post commissioning. For you to be properly covered, each of these areas needs to fully discussed and appraised.

Within each of the insurance areas where coverage is required there are questions that could and should be addressed:

For owners of Anaerobic Digesters

  • To what extent does the policy protect the owner in the event the manufacturer is insolvent at the time of a breakdown claim?
  • When does the business interruption part of the cover respond?
  • What is meant by electrical and mechanical breakdown?
  • When, if at all, does average apply to claims?
  • Is lightening damage protected fully?

For developers, installers and contractors of wind turbines

  • At what point in time is the site your responsibility?
  • Do you need cover for damage to "that part" worked on?
  • Are you properly protected against vandalism?
  • What protection is there if the installation plans are found to be incorrect?

Examples of the coverage available through CNC Asset includes:

Construction phase

  • Construction and Erection All Risks
  • Failure during testing
  • Delay in start up (also known as Business Interruption/Advanced Loss of Profits)
  • Public Liability
  • Pollution Liability
  • Employers Liability
  • Marine Cargo / Transit

Operational Phase (for the owners)

  • All risks of physical damage
  • Electrical and Mechanical Breakdown
  • Business Interruption (including loss of FITs)
  • Public Liability
  • Pollution Liability
  • Products Liability
  • Directors and Officers Liability

We understand renewable energy insurance and its asset finance perspectives. We cover:

  • On shore large scale wind farms to single wind turbines
  • Solar and Photovoltaic panels of any scale
  • Anaerobic digesters
  • Hydro electric
  • Bio-fuel heat and power generators

How CNC deal with claims

CNC Asset have their own specialist claims unit and you should report all potential claims as soon as possible after you become aware of it. The claims unit includes claims engineers who can advise on the validity of electrical and mechanical breakdowns that, for example, are unseen to the naked eye.

You should always take precautions to avoid using machinery that you suspect is already damaged. If in doubt, then call CNC Asset claims team for advice.

Particular risk exposures resulting from biomass procedures are:

  • Fire
  • Explosion
  • Breakdown / failure of gas engines or steam turbines
  • Spontaneous combustion of fuel stock

Claims Example:

Failure of refractory wall caused fire
Type of equipment: Biomass Boiler fuelled by wood pellets
Age of equipment: 2 years old
Total claim paid: £27,500 Material Damage
 £13,750 Loss of Revenue
A failure of the refractory wall resulted in a build up of wood pellets. These caught fire causing the boiler floor to warp and collapse.

Here, at CNC Asset, we understand your needs and can give expert advice on managing your exposure and your claims.

Plant and Equipment

  • Crawler excavator
  • Wheel Loader
  • Wheel Excavator
  • Compact Equipment
  • Dumpers
  • Scrapers
  • Dozers

Plant & Equipment

  • Forklift Trucks
  • Materials Handling
  • Generators

Machine Tools

  • Metal forming
  • Metal cutting
  • EDM
  • Plastic injection moulding
  • Plastic extrusion
  • Routers

Other Equipment

  • Plasma screens
  • Materials Handling Equipment
  • Hydraulic motors
  • Power Transmission Output attachments
  • Engines, equipment and associated machinery
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