Zurich Insurance Group and Aon have collaborated to introduce a groundbreaking clean energy insurance facility in Zurich, targeting the advancement of clean hydrogen products to support the global transition to net-zero emissions. The initiative, led by Zurich as the insurer and Aon as the broker, aims to provide extensive coverage for blue and green hydrogen projects with capital expenditures of up to $250 million. The oversubscription of the facility by participating insurers highlights a strong market demand for sustainable solutions and the insurance industry's commitment to managing new risks. This multi-line insurance facility offers a comprehensive policy covering various aspects of hydrogen production, including construction, operational risks, business interruption, and third-party liability, along with provisions for carbon capture, utilization, and storage technologies. Through two years of in-depth research, Zurich and Aon have gained insights into the specific requirements and obstacles faced by developers in the hydrogen sector. Clean hydrogen, whether derived from natural gas with carbon capture (blue hydrogen) or produced through electrolysis powered by renewable energy (green hydrogen), is considered a vital eco-friendly alternative to traditional fuels. The CEOs of Zurich and Aon expressed optimism about the role of insurance in supporting the net-zero transition and addressing the risks associated with hydrogen projects. This new initiative is tailored to meet the unique needs of hydrogen project developers, providing them with comprehensive coverage throughout the project life cycle to facilitate the growth of sustainable energy solutions.