We have spoken to the BHA's recommended brokers: Nviro, Jelf Clarke Roxburgh, Bruce Stevenson and others including Vista
They all in-turn seem to speak with the same insurance bodies who I am informed have all recently re-considered Low Head RoR to be a poor insurable risk.
This is apparently due to a surge of claims in the last few years and more recently storm Doris.
We have seen the rates on two 75kW projects each rise from £2,500 to £5,000 (Operational All Risks, Business Interruption & Operational Public Liability)
QUESTIONS TO THE COMMUNITY:
- *Has anyone else experienced these hikes, low head or otherwise?
*Would the industry be interested in aggregating projects to benefit from lower premiums?