AEGIS contingent outage policies are specifically designed to cover unplanned outage and derates that affect power plant operations.
Limits: Policy limits up to $50 million per generating unit per policy are available.
Premium credit program: Members who renew their policies with AEGIS are eligible for premium credits that help lower the long-term cost of risk, which is one of the many benefits that distinguish AEGIS from the commercial insurance market. The credit program includes policies written for individual products as well as the Member Loyalty Credit. The loyalty credit is paid to members who purchase four or five of the following AEGIS products in a given year: Excess Liability, D&O, Property, Renewable Energy, Workers’ Compensation, Cyber, Contingent Outage or Capacity Performance. Loyalty is the cornerstone of our mutual relationship and we are pleased to recognize and reward our members’ loyalty with these programs.
AEGIS is an eligible surplus lines insurer in all US jurisdictions, and a licensed foreign insurance company in all provinces and territories of Canada. For information and assistance about how to approach AEGIS, US persons should contact a licensed surplus lines broker in their state.
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