Energy & Power Insurance

Whether you are involved in offshore oil exploration, laying local pipelines, or building power plants or wind turbines, it’s important to make sure that your business is completely protected in the event that something goes wrong.

A robust risk management and insurance programme can help your energy and power business to respond quickly, maintain continuity and manage your reputation.

Find out how HISL Brokers Limited can help you to manage any potential risks and protect your staff, customers, buildings and equipment within a comprehensive insurance solution.

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Types of insurance cover your energy and power business may require

Insurance programmes for energy and power businesses would typically include a combination of the following cover:

  • Goods in transit: This will provide cover if any materials are damaged, lost or stolen while being delivered by a freight company.
  • Public liability insurance: This will provide protection if the energy and power production process kills or injures a member of the public or causes damage to their property.
  • Business interruption insurance: Provides cover for any financial losses incurred when the business cannot from its premises as normal as a result of a fire, major theft or a flood.
  • Business assets and equipment insurance: Provides cover for the assets that your business needs to operate, including furniture and computers.
  • Building cover: This will provide cover on your business premises in the event of flooding, a fire or theft.
  • Employers’ liability: This is a compulsory type of insurance for employers, regardless of whether the member of staff is permanent, temporary, volunteer, contractor or freelancer. The minimum level of protection is £5m, which will cover the cost of compensation claims if staff get injured or fall ill as a result of carrying out their required duties.
  • Credit insurance: This will provide cover in the event that your clients and customers don’t pay off their invoices.
  • Product liability insurance: This will provide cover in the event of someone suffering damage or injury as a result of a product you’ve produced.
  • Tax enquiry and legal expenses insurance: Protects your business against the costs of legal action taken against you, including contract disputes, debt recovery, tax, VAT and HMRC investigations.
  • Professional indemnity insurance: Provides cover against negligent advice or if your work causes a problem for your client. 


These are just examples of some of the types of energy and power insurance policies that we look after at HISL Brokers Limited.

What insurance do I need for my energy and power business?

There are several factors that you need to consider when it comes to thinking about the energy and power insurance policies that your business needs. These include things like:

  • The size of your business.
  • The industry you operate in.
  • The way you operate.
  • The number of employees that you have.

If you are responsible for the running of an energy and power business of any kind you should consider taking out a tailored insurance programme. The wide variety of risks to both the staff and customers create the need for an insurance solution that provides comprehensive protection.

We know that no two energy and power businesses are the same, so speak to us today to find out which policies will best meet your needs.

The cost of energy and power insurance.

The combined premiums that you will pay for your energy and power insurance programme depends on the level of cover that you need and the breadth of risk that your business is exposed to.

It is crucial to ensure that you are properly protected in the event of an incident occurring. With that in mind, at HISL Brokers Limited we will take the time to understand the specific needs of your business and recommend the amount of cover that is best suited to you.

Importantly, we work tirelessly on your behalf to present your business to potential insurers as accurately as possible so that premiums are completely appropriate to your risk exposure.

Insuring your energy and power business

HISL Brokers Limited is well placed to provide you with the professional support to review your current insurance programme and assess where you might be at risk from underinsurance, or even paying for excessive cover.

We understand that energy and power businesses face unique risks and challenges on a day-to-day basis, and that you need bespoke insurance that works for you and gives you the level of cover that is appropriate to the risks that you face.

Give your business the protection that it deserves today – if you want to find out how much peace of mind costs, contact Paul Kerner by calling: (0)20 7220 9020.