Aviva doubles offshore renewable energy capacity to £150m as senior hire announced

Aviva has expanded its offshore renewable energy proposition, doubling its capacity to £150m.

The increased capacity, which is now available to brokers and clients across global markets, is part of the insurer’s broader strategy to grow its renewable energy proposition.

It also felt the move “reinforces its continued commitment to supporting the global energy transition”.

Matt Gordon, underwriting director for specialty and real estate, said: “Aviva’s significant expansion in offshore renewables capacity reflects our continued investment in building a market-leading renewable energy proposition.

“This move not only supports our brokers’ and clients’ net-zero ambitions, but also helps power the future of offshore renewables, helping the UK and the world get ready for the clean energy transition.”

New appointment

Meanwhile, Aviva also announced it had appointed Roberts Proskovics as head of risk management for renewable energy.

He will lead the renewable energy team within Aviva risk management solutions in his new role.

Proskovics brings expertise in both fixed and floating offshore wind, complementing the existing capabilities within Aviva’s team.

Gordon said: “With Proskovics joining our already talented team, we now bring together deep underwriting expertise with robust risk management and claims capabilities.

“This enhanced team is well-positioned to support the next generation of renewable energy projects, from seabed to skyline. By deepening our technical capabilities, we’re reinforcing our role as a strong lead market, both offshore and onshore.”