Zurich Insurance Group and Aon have announced a collaborative effort to launch a clean energy insurance solution aimed at accelerating the development of clean hydrogen projects globally. This new facility will provide insurance coverage for global blue and green hydrogen initiatives with a focus on capital expenditure (capex) of up to $250m. Zurich is playing a key role as the lead insurer in this partnership, while Aon serves as the exclusive broker. The initiative follows two years of extensive research and customer consultations to comprehend the specific needs and challenges faced by blue and green hydrogen ventures. Blue hydrogen, derived from natural gas with carbon capture technology, and green hydrogen, produced via electrolysis using renewable energy, are the primary targets of this insurance offering. It consolidates various coverage aspects into a single integrated policy covering construction, operational, and liability risks, including carbon capture and storage technologies. The new facility has witnessed high demand from participating insurance companies, indicating a strong interest in addressing the risks associated with hydrogen projects throughout their lifecycle. Both Zurich and Aon highlight the importance of insurance in enabling the net-zero transition and express confidence in clean hydrogen as a sustainable alternative to traditional fuels. The collaboration aims to provide comprehensive coverage that caters to the unique needs of developers and capital providers in the hydrogen sector, supporting their efforts to navigate the complexities and uncertainties involved in hydrogen project development. The positive outlook from Zurich and Aon reflects their belief in clean hydrogen's potential to drive the energy transition towards a more sustainable future.