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Economic pressures and tech innovation in offshore wind industry pose challenges for insurers: Allianz

September 26, 2023

The offshore wind industry is poised for growth, but developers and their insurers need to successfully manage a range of risks to successfully scale this industry globally, said Allianz in a recent report.

In ‘A turning point for offshore wind’, Allianz Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry.

The potential of offshore wind as a viable source of clean power for the energy transition is indisputable, and investment in the sector is growing rapidly around the world.

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