aon re-gen facility fact sheet

RE-GENRenewables now account for 10% of the world’s energy needs and that figure is set to grow as countries and multinational entities continue to set targets such as those set out during the United Nations’ COP|21 meeting in Paris. More than 144 countries now have renewable energy targets.

Global investment in renewable energy continues to grow strongly, with more than USD 329 billion invested in green technologies in 2015. Renewables account for approximately 50% of new power projects constructed, and now account for 23% of global electricity supply and we see this percentage increasing as countries look to meet their energy demands and green targets in the coming decades*

Aon Risk SolutionsGlobal Broking Centre | Power

Risk. Reinsurance. Human Resources.

144countries with renewable energy targets

23%of global electricity

The Green Footprint

50% of new power

projects

10%of global energy

*Source: Renewables 2015: Global Status Report


RE-GEN: a specialist solutionRecognising the need to develop solutions that reflect the demands of the global onshore renewables sector and drawing upon our leading insights into renewable energy risk, Aon has created RE-GEN, a facility exclusive to Aon clients.

Developed with leading insurers in the renewable energy market, RE-GEN offers specialist and comprehensive coverage specifically tailored for global onshore renewable energy plant investors, developers and operators.

Leveraging economies of scale, RE-GEN is able to draw upon the diversity of its portfolio and offer highly competitive and exclusive terms and conditions for Aon power clients, while delivering USD 400 million of dedicated capacity throughout the life cycle of a project.

“Developed with leading insurers in the renewable energy market, RE-GEN offers specialist and comprehensive coverage specifically tailored for global onshore renewable energy plant investors, developers and operators.”

RE-GEN : The detailsComprehensive Coverage

Bespoke wording to match the unique requirements of onshore renewable energy projects

Cover is provided on an all risks basis and is designed to be fully acceptable to debt financing institutions

Global coverage supported through Aon’s network of offices in more than 120 countries

The solution offers coverage throughout the lifecycle of a renewable project and includes coverage for marine cargo transit, construction, delay in start-up, operating property damage and business interruption risks, as well as third party liability exposures

USD 400 million of capacity is available through the facility

All project sizes are considered and the solution is suitable for a range of onshore renewable facilities including onshore wind and solar energy.


Tran

sit

Cons

truc

tion

Ope

ratio

n

What’s covered? What’s covered? What’s covered?

� Marine cargo

� Marine delay in start-up

� Construction all risks

� Delay in start up

� Testing and commissioning

� Natural catastrophe risk

� Third party liability

� Contingent business interruption

� Mechanical breakdown

� Business interruption

� Contingent business interruption

� Natural catastrophe risk

� Third party liability

Engineering insight & risk control � Comprehensive benchmarking insights available to inform insurance buying and risk management

� Engineering consultancy, ensuring your coverage reflects your specific project risks

In-house expertise � The facility is underwritten and managed by Aon Underwriting Managers

� Aon is committed to the continuing development of RE-GEN to reflect the evolving needs of our renewable clients

� Aon has its own in-house RE-GEN underwriter, giving us a superior level of control and speeding up turnaround times

� With the use of risk modelling from RMS and Sequel we can benchmark risks and provide insight into natural catastrophe exposure

Claims certainty � 24-hour claims service, helping to create certainty should a loss occur

� In-house Claims Advocacy team to support our clients in the management of claims

Superior security � The facility is A+ rated* and backed by the Insurance Company Markets and Lloyd’s Chain of Security

* Standard & Poor’s


Weather Political Risk

Cyber Professional Indemnity

We’re here to empower results

Tom Sexton+44 (0)20 7086 [email protected]

Mark Potter+44 (0)20 7086 [email protected]

Georgina Atkinson+44 (0)20 7086 [email protected]

Matt Langham+44 (0)20 7086 [email protected]

About Aon Aon plc (NYSE:AON) is a leading global provider of risk management, insurance brokerage and

reinsurance brokerage, and human resources solutions and outsourcing services. Through its more

than 72,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries

via innovative risk and people solutions. For further information on our capabilities and to learn how

we empower results for clients, please visit: http://aon.mediaroom.com/

Aon UK Limited is authorised and regulated by the Financial Conduct Authority

© Aon plc 2016. All rights reserved.The information contained herein and the statements expressed are of a general nature and are not intended to address the

circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information and use

sources we consider reliable, there can be no guarantee that such information is accurate as of the date it is received or that it

will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a

thorough examination of the particular situation.

aon.com

FP: GBCP0003

Complementary coverage

Aon is a “one stop shop” and is able to offer additional, complementary solutions to the unique challenges facing the onshore renewables sector. Speak with your broker about such coverage.

Terrorism

aon re-gen facility fact sheet

Environment