Howden launches new renewable energy quote and bind platform backed by Aviva

Howden’s power and renewable energy team has launched a new UK quote and bind platform.

The platform, which will offer pre-agreed rates and bespoke policy terms, is backed by an Aviva led property facility that will provide capacity of up to £100m per declaration.

The broker said in a LinkedIn post that the platform will provide “clients with a competitive and streamlined approach to securing construction and operational insurances for their renewable energy assets”.

Insurance Times has contacted Howden for more information about the platform.

Other offering

This comes after Howden’s The Bigger Picture report from June 2024 noted that $19tn had already been committed to renewables projects across the globe through to 2030.

Other firms to recently expand their offerings in the renewable energy area include Crawford and Company, which launched a new renewable energy service in November 2024.

The facility provides a range of loss adjusting services to insurers of commercial renewable energy projects, as well as risk advisory services for both insurers and investors.

Andrew Bart, chief executive of international operations at Crawford and Company, said: “The launch of the renewable energy team is a major development in Crawford’s commitment to supporting customers operating across the industry as the energy sector switches to more sustainable sources of energy, including wind, solar, geothermal, hydropower and biomass.”