The challenging build-out of renewable energy infrastructure is at an inflection point as a surge of new ideas and investment promises to keep the sector’s momentum going.
“We work closely with our clients to assess their risks and implement loss prevention measures, such as improving building resilience and developing comprehensive business continuity plans. By taking a proactive approach to risk management, we aim to minimize the impact of natural catastrophes on our clients’ operations and bottom line.”
The increasing size of wind turbines is perhaps the most striking change the industry has seen in recent years. In the past 20 years, they have almost quadrupled in height, from around 230 feet to around 853 feet — nearly three times taller than the Statue of Liberty.
When it comes to offshore wind power, several risk and insurance factors should be reviewed, from installation and repair costs to maritime law constraints.
The renewable energy marketplace is on an exciting trajectory, and McGriff’s Todd Burack embraces his role in helping companies work through the challenges of the evolving sector.
This year, 6 brokers from across the brokerage field were named as the 2023 Renewable Energy Power Broker winners. An additional four brokers were named as finalists.
This year, six brokers from across the brokerage field were named as the 2022 Renewable Energy Power Broker winners. An additional five brokers were named as finalists.
This year, six brokers from across the brokerage field were named as the 2020 At Large Power Broker winners. One additional broker was named as a finalist.