Insuring the Renewable Energy Wave - Webinar with Insurance Insider

As the race to net zero continues, more communities are transitioning from traditional fossil-fuel based technologies to renewable energy sources. This increased demand for renewable energy is driving new, often difficult-to-insure projects; from a solar farm in a hail-prone region to a wind farm that’s potentially in the path of a hurricane.

These renewable energy projects are encountering various challenges, including multiple natural hazards like hail, wind, flood, and wildfire. Additionally, they are facing delays and increased costs due to supply chain disruptions and outdated technology, with some delays stretching up to two years.

This webinar, offered in partnership with Insurance Insider, explores the risks and insurance opportunities in the renewable energy space.

Discussion questions and talking points include:

• Overview of the renewable energy industry: Solar, on-shore and off-shore wind; and battery energy storage systems;
• How is the insurance market helping clients/projects mitigate their risks?
• Where is the biggest growth expected?
• What are the potential perils facing each type of project from planning and building to coming on-line?
• What are some of the potential claims challenges for these types of projects?
• What new technologies are emerging?

Speakers:

• Jan Pagan, Risk Control Engineer, Markel
• Alvaro Sanchez, Head of Technical Management, Statkraft
• Alison Clarke, Renewables Leader, Aon

Moderator:

• Meg Green, Senior Editor, Insurance Insider

The original content can be found here.