Are you ready?
Renewables will account for almost 95% of the increase in global power capacity through 2024.
Does your organisation have access to the most up to date offshore renewable data to meet the surge in renewable energy investments?
If the answer is no, or not yet, then our deterministic exposure management solution Impact will give you the tools to match the sector's growth aspirations with its latest offshore renewables module.
Watch: Demo
Watch: How does it work?
How the solution works
- Verisk have partnered with leading data researchers Clarksons to provide the most accurate offshore renewable energy data for a dedicated Offshore module within Impact
- Manage a portfolio of renewables with a greater level of in-depth analysis
- Generate clear probable exposure reports using analysis types such as hurricane tracking across multiple classes of business
- Built to integrate with third party renewable data sources including hydroelectric, solar and tidal
- Available as a standalone solution or an add-on for existing Impact users.
Value for Energy Underwriters & MGAs
- Gain access to a best-of-breed exposure management solution
- Make underwriting decisions based on tried and tested information
- React quickly and ringfence your exposures to a changing event
- Underwrite complex, difficult lines of insurance with confidence before committing your company's capital
- Get ahead of the competition in a discipline which is projected to grow rapidly in the next few years.
Related insights
Press Release: Offshore Renewables Launch
Verisk announces the introduction of a new offshore renewable energy module within exposure management system Impact. The module can be purchased and deployed as an add-on for existing Impact clients or standalone.
Offshore Renewables Panel: Clarkons & Thomas Miller
Read the write-up of our panel session on emerging data solutions to better understand the fast-growing offshore wind industry. Hosted by experts from Verisk, Clarksons and Thomas Miller Specialty.
Korean Re: Exposure Management Case Study
Korean Re, one of the word's largest reinsurers, partnered with Verisk SBS to implement Impact to manage their offshore energy exposures. Impact continues to support a period of exceptional growth for the company.
Ready to see the impact of your total risk exposure?
Impact is a multi-class, deterministic aggregation system that offers the ability for insurance organisations to manage their exposure data and capacity utilisation across their entire portfolio.