Bespoke insurance solutions

The offshore renewables industry represents a previously unexplored intersection between marine risks (mostly static), and property and infrastructure risks (which happen to be wet).

The industry is comprised of professionals who come into this segment from other spaces, whether it is from the marine and offshore energy world, or from the onshore power and utilities world.

Similarly, the wordings in this industry are also being formed right now and are constantly evolving, as more established wordings are imported from other industries and modified to suit the particular needs of this new industry.

Therefore, there can arise numerous instances, particularly in the offshore clean energy generation devices segment and the emerging technologies segment, wherein a bespoke wording is required to suit the construction and operational needs of a unique asset or project insured.

Tailor-made solutions

NIORD specializes in such work. Please feel free to contact us and we will work closely with you and your insurance brokers to tailor-make the most suitable insurance products for your unique project’s particular coverage needs.