The speed of innovation and build-out is opening more exposures

The offshore wind industry is on the cusp of unprecedented growth amid increased investments, technological innovations, and expanding capacity.

While this spells good news for the global energy transition, growth factors also bring significant risks, which must be managed if the industry is to scale sustainably.

In fact, the speed of the build-out is creating more exposures for developers, an expert told Insurance Business.

“We’re at a point where there’s going to be significa

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