Wednesday, 28 September 2016
14:30 - 16:00 Risk mitigation and the role of the insurance sector
Finance  
          

As the wind power industry moves towards competitiveness with thermal generation, support mechanisms will become less important. This will mean investors face a shift in the mix of risk in wind power investments. How will those risks be allocated? The scope for innovation in risk management will need to broaden, and risk protection providers will have to sharpen their suite of tools to get the work done. This session will review where the state of the art is today, and what the industry can expect for the future.

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Learning objectives

• What tools for managing risk exist today?
• Beyond construction and property insurance, what new products have arisen to de-risk renewable investments?
• What kinds of risks do investors prefer to leave in the hands of third parties?

This session will be chaired by:

Martin Benatar
Managing Consultant, Benatar & Co., United Kingdom
Evolution of traditional and non traditional commercial insurance solutions for on- and offshore wind power  

Patrick Wendisch
Managing Partner, Nordwest Assekuranzmakler GmbH, Germany
Insurance Solutions for Offshore Wind Contractors - Conventional and special risk transfer  

Mathias Hörmann
Senior Underwriter, Munich RE, Germany
Offshore warranty cover - a new insurance solution for engineering, procurement and construction (EPC) contractors  

Dan Tomlinson
Managing Director, Allianz Risk Transfer, United Kingdom
Recent developments in coverage solutions for on- and offshore wind power: looking at weather risk