Lloyd's of London, June 2026 — SAMP Risk, one of only 10 Lloyd's Lab insurtechs to have backing from an investment from Lloyd's, has launched what it believes to be the world's first data-enabled deductible buy-down product for renewable energy sites, with Lloyd's MGA Africa Speciality Risks (ASR).
SAMP Risk is the first connected insurance platform for the renewable energy sector and a digital subsidiary of Asset Performance Partners (APP), a power generation consultancy with 19 years of operational experience advising energy sites globally.
The deductible buy-down product was developed to help release working capital for smaller renewable energy sites, which are typically required by lenders to hold up to 90 days of revenue in reserve against the risk of a business-interruption loss. For a single site, that can run into the millions.
SAMP Risk's telematics technology and data platform give underwriters real-time visibility of site performance. By demonstrating active, measurable risk management through the SAMP Risk platform, that reserve period can be cut to as little as 30 days — the difference being released as working capital, while also allowing the operator to earn a discount on their premium.
Millions in trapped capital, released
Six months into the first live policy — covering a solar energy site placed with ASR — the site has earned back thousands of pounds in premium by consistently improving its risk score over the period. The following operational improvements have also been achieved:
- The detail with which the owner was able to document significant production-loss events on site increased significantly, from 6% to 67%.
- Half of all risk recommendations were closed early, rather than deferred to renewal.
- Technical mitigations including targeted inspections reduced the risk of major failure by 14% by month four.
The launch marks a significant development for this specialty area of the London insurance market, which has historically relied on static surveys and periodic assessments to underwrite assets that operate — and fail — in real time.
The knowledge we have gained in energy consulting over the past 19 years underpins the risk models built into the platform. By combining engineering intelligence with insurance workflows, we give underwriters and brokers the visibility they need to write this business with confidence and to manage their exposure more effectively over the long term. The deductible buy-down product is evidence of the strength of our platform and the opportunities it offers brokers, MGAs and insurers serving the energy sector in the London market.
For brokers and MGAs, the platform creates a tangible competitive advantage. It enables them to present underwriters with detailed, independently verified, real-time asset data. This puts them in a better place to secure favourable terms and build deeper relationships with the underwriting community. For insurers, the ability to monitor asset condition, benchmark performance and track trends across a portfolio of power generation sites over time supports more disciplined underwriting and stronger loss ratios.
— Alistair Moodie, Chief Product Officer
Supporting the growth of small renewable energy sites
The number of small renewable energy sites — typically in the 10–300MW range — is expected to double over the next five years. Unlike large traditional power stations, these sites frequently operate with limited on-site engineering staff, making continuous automated oversight essential.
SAMP Risk is already embedded as a named condition on five standard machinery-breakdown and business-interruption policy slips in the Lloyd's market, with site operators using the platform directly to manage risk in real time.
Notes to editors
About SAMP Risk — SAMP Risk is the first connected insurance platform for the renewable energy sector and is a digital subsidiary of the Asset Performance Partners (APP) Group. The platform combines proprietary telematics hardware, real-time machine-learning risk scoring and automated operational management tools to help insurers, MGAs and brokers underwrite and manage renewable energy risk more accurately and actively. SAMP Risk participated in Lloyd's Lab — the Lloyd's of London market innovation accelerator — and is backed by insurers in the Lloyd's of London market and the USA.
About Asset Performance Partners (APP) Group — Asset Performance Partners is the parent company of SAMP Risk and brings 19 years of experience as a specialist power generation service provider, advising and supporting power generation sites on machinery performance, risk reduction and operational management. APP's engineering expertise and domain knowledge form the foundation of the SAMP Risk platform and its underwriting models.
Further information — Alison Reeson at HSL — 07876 597466, alison@harrisonsadler.com · Matthew Enderby at HSL — 07788 257107, matthew@harrisonsadler.com
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