# GCube Insurance

> Specialist renewable energy MGA with three decades of underwriting experience

## At a glance

| Field | Value |
| --- | --- |
| Type | MGA |
| Region | EMEA |
| Headquarters | London, UK |
| Founded | 1995 |
| Stage | Established |
| Employees | 51-200 |

## Overview

GCube Insurance is a renewable energy MGA providing property, marine, liability, and political risk insurance to developers, project owners, and asset managers operating wind, solar, biomass, hydro, wave, and tidal energy facilities worldwide. Headquartered in London, the company maintains additional offices in Amsterdam, New York, Newport Beach (California), and Houston.

GCube underwrites through carrier capacity from Tokio Marine HCC, its parent company following a 2020 acquisition. Prior to acquisition, the company raised USD 95M in 2017 with Trust Re as lead investor. GCube holds full binding authority across its core lines, covering projects from construction phase through operations and decommissioning.

The company's portfolio covers over 30,000 MW of renewable energy capacity globally. GCube has developed a proprietary loss experience database accumulated over 30 years in the sector, which informs its risk selection and pricing. It employs approximately 56 staff distributed across three continents.

## Products & services

### Construction and Erection All\-Risk

Coverage for renewable energy projects during the construction and installation phase, including equipment breakdown and delay-in-startup.

**Key features:**

- All\-risk property damage during construction
- Erection and installation risks for wind turbines, solar panels, and hydro equipment
- Delay\-in\-startup / advanced loss of profits

*Target users:* Renewable energy project developers and EPC contractors

*Distribution:* Wholesale brokers and specialist energy brokers

### Operational Property and Business Interruption

Property damage and business interruption coverage for operating renewable energy assets.

**Key features:**

- Property damage to operating plant and equipment
- Business interruption and loss of revenue
- Equipment breakdown and machinery breakdown

*Target users:* Asset owners and project finance lenders

*Distribution:* Wholesale brokers

### Marine Cargo and Transport

Coverage for the transport and logistics of renewable energy equipment from manufacturer to project site.

**Key features:**

- Marine cargo for wind turbines, blades, nacelles, and solar components
- Heavy lift and project cargo
- Inland transit and storage

*Target users:* Equipment suppliers, developers, and EPC contractors

*Distribution:* Marine and energy brokers

### Third\-Party Liability

Liability coverage for renewable energy project owners and operators.

**Key features:**

- General third\-party liability
- Contractors' liability during construction
- Pollution liability for operating assets

*Target users:* Project owners, operators, and contractors

*Distribution:* Wholesale brokers

### Political Risk Insurance

Sovereign and political risk coverage for renewable energy projects in emerging markets.

**Key features:**

- Expropriation and nationalization
- Political violence and war risk
- Currency inconvertibility

*Target users:* Developers and lenders with projects in emerging or frontier markets

*Distribution:* Specialist political risk brokers

### Battery Energy Storage Systems \(BESS\)

Specialist coverage for standalone and co-located battery storage assets.

**Key features:**

- Property damage and fire risk for lithium\-ion batteries
- Business interruption and loss of capacity
- Cyber risk extensions

*Target users:* Energy storage developers and operators

*Distribution:* Wholesale energy brokers

### Smart Renewable Energy Insurance

Data-driven underwriting product developed in partnership with Clir Renewables, leveraging operational asset data to refine risk assessment and loss prevention.

**Key features:**

- Performance\-informed underwriting
- Loss prevention recommendations based on asset data
- Tailored pricing tied to operational performance metrics

*Target users:* Asset owners with wind and solar portfolios

*Distribution:* Direct to asset owners through Clir platform

## Links

- Website: <https://www.gcube-insurance.com>
- Directory profile: <https://insurtechlist.com/companies/gcube-insurance/>
- Linkedin: <https://www.linkedin.com/company/gcube-insurance-services-inc>
- Parent company: <https://tmgx.com>

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*Last updated: 2026\-05\-16*
