Renewables Insurance and Risk Management

Renewables Insurance and Risk Management

Learn how your organization can benefit from our renewables solutions. 

Why are Renewables Important?

Renewable energy is energy derived from natural sources that are replenished at a higher rate than they are consumed. Generating renewable energy creates far lower emissions than burning fossil fuels. Transitioning from fossil fuels, which currently account for the largest share of emissions, to renewable energy is key to addressing the climate crisis. Renewables are now cheaper in most countries generating three times more jobs than fossil fuels.

Better informed

The economic challenges in adopting renewable energy are changing with technological advancements, increasing market competition, and numerous financial support mechanisms. Aon is a leading provider of insurance and risk management solutions across the renewable energy sector including solar, on and offshore wind, and battery storage. This includes green hydrogen, biomass/waste-to-heat/waste-to-energy, geothermal, hydropower, wave energy, pump storage, gravity storage and carbon capture.   

Better prepared

Our renewables solution streamlines the placement process with policy issuance and competitive terms and conditions that are customized to specific renewable energy risks. Our specialists assess complexities related to new technologies, cost fluctuations, supply chain restrictions and geopolitical risks (including cyber threats and terrorism) by identifying and quantifying risks that support mitigation and management to enable better decisions to be made. 

We specialize in the following key sectors:
  • Biomass
  • Geothermal
  • Hydroelectric power
  • Onshore wind energy
  • Offshore wind energy
  • Solar energy
  • Wave and tidal energy
  • Green hydrogen
  • Battery storage
  • Pump storage
  • Carbon capture and storage

Better designed

The benefits and impacts of renewable energy are far reaching for everyone in society and the planet. It can save money, reduce carbon footprint, improve health, create jobs, and enhance resilience. With the growing scale and complexity of the sector also come more sophisticated risk management requirements. Our renewable energy specialists can support across this evolving risk landscape.

How Aon Can Help

To help navigate this evolving risk landscape, renewable energy companies can benefit from more mature risk management strategies and guidance. We provide the tools and advisory services needed to address all of the challenges and opportunities associated with renewables. A holistic suite of solutions including data and analytics that optimize financing and delivery, and enables future-proofing, while mitigating today’s risk and volatility.

  • Capital/Funding/Risk Financing
  • Government Pressure, Regulation and Incentives
  • Supply Chain Disruption and security
  • Data and Cyber Security
  • Climate Resilience 
  • Mergers & Acquisitions
  • Environmental Risk and Climate Litigation
  • Emission Reduction and Decarbonization
  • Human Capital
  • New and Legacy Technology
  • Shareholder and Public Opinion
  • De-risking Pension Obligations
  • Intellectual Property

Better outcomes

We support project owners, investors, developers, manufacturers and contractors around the world throughout the lifecycle of their renewable energy projects. We have the knowledge, experience and commitment to provide clients with a specialist, value driven service. We offer contractual, project and financial risk management analysis and create insurance strategies that enable our clients to protect cash flow and secure capital.  

Aon is the risk manager and broker to over 1,000 renewable energy projects globally with an integrated team of specialists across broking, risk, engineering, claims, and advisory who deliver local expertise with global reach. Differentiated by our strong relationships across the Energy ecosystem we support clients to effectively navigate the rapidly evolving renewables landscape, new technologies, insurance market and regulatory framework.

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Providing comprehensive insurance and risk management solutions to the renewables sector.


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