NorthStandard – one of the largest P&I clubs in the International Group – will bring leading marine liability insurance knowledge and experience to the offshore renewables insurance specialist, complementing the hands-on contingency and loss prevention know-how of its main capacity provider and owner, Norwegian Hull Club.

At NIORD we are very excited about the future of floating offshore wind. But what does that future look like? What projects are out there, and which projects are materializing?

Everywhere you turn today, it seems that people are asking offshore renewables underwriters about the insurability of Chinese Wind Turbine Generators (WTGs).

NIORD has just enjoyed two exciting, insight-packed days with a host of guests and industry experts for Bergen Wind Academy 2024.

After a successful launch in January 2024 and an active first quarter, offshore renewables insurance specialist NIORD has become a Lloyd’s coverholder.

The lack of standardization and uniformity in the offshore wind industry are key challenges, leading to the nagging problem of escalating costs.

Today, in the offshore wind industry, the CFOs have retaken control of their boardrooms.

NIORD harbors a global vision in supporting offshore renewables.

It will be exciting to see the outcomes of both ongoing auctions in Norwegian waters.

NIORD harbors a global vision in supporting offshore renewables.

NIORD, the new Norwegian-based offshore renewables Managing General Agent (MGA), will be operational from 1st January 2024.