Aviva and Axis partner on renewable energy Lloyd’s consortium
Aviva and specialty insurer Axis have together launched a Lloyd’s consortium to support new renewable energy projects, designed to simplify placement for brokers and clients.
With a total capacity of £200m, the ‘A-Squared Consortium’ will focus on onshore renewable energy construction and operational risks for UK projects.
It will offer up to 100%-line size for qualifying risks, or take significant lead positions, and provide “consistent underwriting expertise across technologies”.
Through the consortium, the pair will streamline quoting and placement through a co-ordinated approach, and deliver shared risk engineering insights, they noted.
Cover includes property
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