Partnership announcement: Blue Broker and Continuum

Seyna announces the launch of a pre-litigation insurance programme dedicated to renewable energy projects, developed in partnership with Blue Broker, a specialist in the structuring and distribution of insurance solutions designed to secure renewable energy (RE) projects exposed to litigation risk, and Continuum Specialty Limited, an MGA specialising in the structuring and placement of permit challenge-type coverage for complex risks.

A first project secured in under three weeks

Faced with a rise in administrative litigation that is undermining the financing of renewable energy projects in France, Seyna has joined forces with Blue Broker and Continuum to offer an unprecedented pre-litigation insurance solution, designed to remove barriers at the earliest stage of projects and secure their financing before any legal action materialises.

Within this programme, Seyna acts as lead insurer on pre-litigation projects, bearing the risk and guaranteeing the financial soundness of the structure. Blue Broker handles the technical structuring, operational coordination, and implementation with project developers and their financiers, while Continuum brings its expertise in coverage structuring and access to European insurance capacity.

From launch, the programme has demonstrated its effectiveness: a first renewable energy project was secured in under three weeks, enabling financing to be committed and the development timeline to be maintained. This speed of execution highlights one of the key advantages of the pre-litigation approach: a streamlined underwriting process, with no assessment fees, eligibility pre-screening within 3 business days, and signature possible within 30 business days.

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Pre-litigation insurance: anticipating risk to enable better financing

Pre-litigation insurance is currently aimed at developers of photovoltaic and biogas projects who wish to begin construction and secure project financing without waiting for the outcome of potential administrative disputes, which can span several years (typically 4 to 5 years).

By subscribing upstream, before any legal challenge is filed, project developers benefit from more accessible coverage based on an ex ante risk assessment, an accelerated process, and a high likelihood of obtaining the guarantee.

The solution covers in particular:

• Financial charges due during any interruption period (including inter-period interest) in the event of a temporary suspension of an authorisation;
• Additional costs related to remediation or unforeseen works (capped at 20% of CAPEX);

And, in the event of a final unfavourable ruling, the outstanding capital under financing arrangements, including equity (subject to a 10% deductible).

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“With Seyna and Continuum, we are demonstrating that it is possible to insure a renewable energy project ahead of litigation risk, quickly and simply. This first project secured in under three weeks is a concrete illustration: anticipating litigation risk means freeing up investment decisions.”
Charlotte Spony, Chief Executive Officer and Co-Founder of Blue Broker

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About Seyna

Seyna is an insurer that delivers unparalleled efficiency to brokers. Through its technology and the responsiveness of its teams, Seyna supports brokers at every stage of their development: bespoke insurance product creation, sales and management tools, product analysis and improvement, and compliance.

Since its launch in 2019, when Seyna obtained its ACPR insurance licence, Seyna has won over more than 100 brokers, including SPVIE, Verspieren, WTW, Garantme, APRIL, Marsh, and Dalma. They use Seyna to protect nearly two million policyholders across 6 European countries. Backed by €57 million in investment from GFC, WhiteStar Capital, Elaia, and 115K (La Banque Postale), Seyna has global ambitions to improve the insurance industry by modernising the design and management of insurance programmes.

For further information, please contact:

Charles Helliet – Marketing Lead – charles.helliet@seyna.eu

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About Blue Broker

Blue Broker specialises in the structuring and distribution of insurance solutions designed to secure project financing and accelerate the energy transition.

A subsidiary of Blue Advisors, Blue Broker designs and deploys insurance solutions by coordinating all stakeholders — insurers, reinsurers, financiers, and project developers — to facilitate project delivery.

Convinced that certain risks remain insufficiently addressed by traditional approaches, the team favours an in-depth analysis of issues in order to design tailored solutions, closely aligned with the operational challenges of each project.

For further information, please contact:

Nassira Genane – Managing Director – nassira.genane@blue-broker.eu

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About Continuum

Continuum Specialty Limited is an MGA specialising in the structuring and placement of insurance solutions for complex risks, with recognised expertise in permit challenge-type risks linked to administrative authorisations.

Through its access to European insurance capacity, Continuum is involved in designing and structuring bespoke insurance arrangements, working alongside insurers, reinsurers, and specialist partners.

For further information, please contact:

Michael Turland – Underwriting Director – mturland@continuumspecialty.com

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