Construction Insurance Online :: News
SHARE

Share this news item!

Mirabelle Unveils Lloyd's-Backed Insurance for Renewable Energy Projects

Tailored Coverage Solutions for Australia's Expanding Green Energy Sector

Mirabelle Unveils Lloyd's-Backed Insurance for Renewable Energy Projects?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Mirabelle Underwriting has recently introduced a new insurance product specifically designed for renewable energy operations in Australia.
This initiative is backed by Lloyd's capacity, ensuring robust support for the burgeoning green energy sector.

Simon Garske, Head of Construction at Mirabelle, highlighted the rapid expansion of renewable energy projects across the nation. He noted that this growth brings a unique set of risks that need to be effectively managed throughout the construction, commissioning, and operational phases.

In response to these challenges, Mirabelle's new offering extends its established construction insurance capabilities to provide seamless coverage as projects transition from construction to operation. This facility is particularly tailored to meet the needs of mid-scale and smaller renewable energy assets, a segment where coverage options have traditionally been limited.

For construction businesses involved in renewable energy projects, this development offers a comprehensive insurance solution that addresses the specific risks associated with green energy initiatives. By securing such tailored coverage, companies can safeguard their investments and ensure project continuity amidst the evolving landscape of Australia's energy sector.

Published:Tuesday, 5th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Rate this article

0 Comments

No comments yet. Be the first to share your thoughts.

Insurance News

New Specialty Capacity Arrives for Australian Construction Risks
New Specialty Capacity Arrives for Australian Construction Risks
03 Nov 2026: Paige Estritori
Munich Re Specialty's formal entry into the Australian primary specialty insurance market on 2 November 2026 is a notable development for builders, contractors, developers and project owners watching capacity across construction, engineering and surety lines. The Sydney-based operation is initially focused on property, construction and engineering, mining and surety business, with a stated emphasis on commercial and mid-market clients. - read more
Safety Data Puts Construction Insurance Discipline Back in the Spotlight
Safety Data Puts Construction Insurance Discipline Back in the Spotlight
15 Sep 2026: Paige Estritori
The latest national work health and safety picture is another reminder that construction risk is not confined to the site fence. When injury, fatality and serious incident trends remain elevated, the consequences can flow directly into insurance outcomes for builders, subcontractors, developers and project managers. - read more
Falls From Height Are Back in Focus for Construction Risk
Falls From Height Are Back in Focus for Construction Risk
08 Sep 2026: Paige Estritori
Renewed regulatory and industry attention on falls from height is a timely warning for Australian builders, subcontractors and project managers. While falls are usually discussed as a work health and safety issue first, they also sit squarely inside the insurance conversation because a serious incident can trigger workers compensation claims, public liability exposure, contractual disputes, investigation costs and reputational damage. - read more
Why Slower Building Approvals Can Become an Insurance Issue
Why Slower Building Approvals Can Become an Insurance Issue
01 Sep 2026: Paige Estritori
Australia’s latest building approvals commentary has again highlighted a difficult reality for the construction sector: the national housing task is ambitious, but the project pipeline remains uneven. Industry groups have pointed to approvals volatility, planning delays and capacity constraints as continuing barriers to lifting housing supply at the pace governments want. - read more
Workers Compensation Costs Are Back on the Construction Risk Agenda
Workers Compensation Costs Are Back on the Construction Risk Agenda
25 Aug 2026: Paige Estritori
Workers compensation is again moving from a payroll administration issue to a strategic insurance concern for construction firms. Recent attention on state scheme performance, premium settings and claims pressure is a timely reminder that builders and contractors cannot treat statutory cover as separate from the rest of their risk programme. - read more


Professionals Insurance Articles

Exploring Contract Works Insurance: What Construction Firms Need to Know
Exploring Contract Works Insurance: What Construction Firms Need to Know
Contract Works Insurance is a pivotal coverage for businesses in the construction industry. This type of insurance is designed to protect building works against damage or loss during construction. It bridges the gap between starting a project and completing it, providing financial security in case something unexpected occurs. Whether it's a fire, theft, weather damage, or accidental damage during building, Contract Works Insurance has you covered. - read more
Staying Compliant: Understanding Insurance Obligations in the Construction Industry
Staying Compliant: Understanding Insurance Obligations in the Construction Industry
Insurance compliance is a cornerstone of operating successfully within the construction industry. It ensures that businesses adhere to legal standards while safeguarding their projects and employees. Ignoring these obligations can result in hefty fines and damage to a company’s reputation. Thus, staying compliant is not just a legal duty but a smart business strategy. - read more
Factors That Influence Construction Business Insurance Costs in Australia
Factors That Influence Construction Business Insurance Costs in Australia
Construction business insurance costs can vary widely between builders, contractors and subcontractors. This guide explains the common factors insurers may consider when assessing premiums, including business activities, project values, cover limits, claims history and subcontractor use. - read more
Navigating Construction Insurance: Key Policies Every Business Should Consider
Navigating Construction Insurance: Key Policies Every Business Should Consider
The Australian construction industry is a dynamic and essential part of the national economy. As it grows, so does the complexity and number of compliance requirements aimed at ensuring safety and sustainability. Among these is the critical area of insurance compliance, a cornerstone of risk management for any construction business. - read more
The Role of Cyber Insurance in Safeguarding Construction Companies
The Role of Cyber Insurance in Safeguarding Construction Companies
The construction industry is undergoing a digital transformation, embracing technology to streamline operations, enhance project management, and improve efficiency. As construction companies integrate digital tools, they also expose themselves to new cyber risks that were less of a concern in the past. - read more

Knowledgebase
Claim:
A formal request made by the policyholder to the insurance company for payment of a loss covered by the insurance policy.