Insurance for hydroelectric power systems

For a hydroelectric power system, part of the insurance is for construction and civil engineering, another part is for industrial processes (electric turbines) and another for special risks.
Insurance companies call these “special” risks if they do not fit into a pre-defined “box” of pre-designed policies.
Our method is to work with you on a made-to-measure basis.
To bring together all the specific features of hydropower, we have developed a dedicated audit methodology. This enables us to study your project in detail and to draw up tailored policies covering each of your risks.

Our methodology

Our Alexis Assurances team works with investors and professional or private owners of hydroelectric power system and other mills, both existing and new.

For existing system, we carry out an in-depth audit of the need to update them. This enables us to assess the maintenance contracts of manufacturers of hydroelectric system components (turbines, impellers, bar screens, etc.), and to optimise the insurance programme strictly in line with the insurer’s obligations.

As an investor, you can be sure of avoiding redundant cover or, conversely, gaps in cover between the maintenance contract and the insurance policy – at the right price, adapted to your project.

Alexis Assurances provides “All Risks Except” cover for damage to hydroelectric power systems (damage to process elements, the buildings housing them and civil engineering structures), with the extension of Loss of Income cover, including in the event of network failure, impossibility of access, etc., and with the extension of Civil Liability cover for electricity producers.