The Permit Challenge
As renewable energy developments become more widespread, their impact on the environment and communities is becoming more contentious. As a result, permit challenges are on the rise. And the cost of a delay or a challenge being upheld are significant.
The Judicial Review
Judicial Review is an innovative solution to challenges permits for renewable developments. It is an after-the-event financial indemnity policy that mitigates the risks associated with a challenge. Every policy is individually underwritten, so the sooner you contact us once a challenge becomes live, the better the terms we can offer.
Protect your client from financial impact
Judicial Review will cover your clients for the financial losses that follow on from a challenge being launched. They will be compensated for partially positive and negative outcomes, including:
- Interruption to their project development or operation
- Change to the permit resulting in new financial projections
- Annulled permits resulting in their project being scrapped
Retain investment confidence
A permit challenge can disrupt an investor’s organisation as it assesses its risk and reassesses its appetite for the project. Putting the development on hold while it does so has an immediate cost, and could lead to further legal disputes with contractors. With access to, and analysis of vast pools of data, our underwriting and legal experts can provide the financial indemnity cover your clients need to satisfy lending criteria, so developments can continue without interruption.
Improve asset bankability
As with the rest of our products, Judicial Review helps add value to your clients' asset. It transfers the risk off your clients balance sheet, and onto that of an AA-Rated insurer* which can help your client to:
- Improve their ability to achieve their goal for each asset
- Hold less in reserve
- Deploy more capital into more projects
Meet our Public Law expert
Underwriting Director, MX Underwriting Europe
Having kicked off his insurance career in 1996, Jean-Claude is an insurance industry specialist with in-depth expertise in underwriting and coverage of litigation risks restraining delivery of renewable energy infrastructure and sustainable urban regeneration.
To find out more about how your client’s can benefit from our Public Law policy, contact one of our specialist underwriters today.
Simply fill out the form, including a brief message about your enquiry, and a member of our team will be in touch with you shortly.
Alternatively, you can contact us using the information provided below:
T: +353 1 584 9677
*Rating information correct as of June 2023. Source: ERGO, S&P Global Ratings.
Underwriting criteria, terms and conditions apply. As an MGA, we provide services and enter into insurance contracts on behalf of regulated Insurers. We are not the Insurer. The identity of the Insurer(s) on behalf of which we act and who will receive the premium and settle claims arising on your policy is detailed on all quotation and confirmation of cover documentation, including the insurance policy. All products are subject to any applicable government levy compensation fund charge or contribution to the Motor Insurers Insolvency Compensation Fund as set out in the policy schedule.