Zurich Insurance Group and Aon have launched a new clean energy insurance facility designed to provide insurance coverage for blue and green hydrogen projects with capital expenditures of up to $250 million. In this initiative, Zurich leads as the insurer, while Aon acts as the exclusive broker. The program aims to support the development of clean hydrogen projects and is part of Zurich's commitment to the net-zero transition by engaging with customers and offering innovative products. Insurance plays a crucial role in facilitating the net-zero transition by providing protection and risk expertise. Clean hydrogen, recognized as a viable alternative to traditional fossil fuels, is expected to play a significant role in the global energy transition. Sierra Signorelli, CEO of commercial insurance at Zurich, emphasized the importance of this initiative in promoting clean hydrogen and reducing carbon emissions. The program involves comprehensive research and customer engagement to understand the specific needs and challenges faced by blue and green hydrogen projects. Joseph Peiser, global CEO of commercial risk at Aon, highlighted the complexities involved in de-risking and obtaining adequate insurance for global hydrogen projects. The new solution aims to address these challenges by offering a multi-line policy that covers various aspects of hydrogen projects, including carbon capture technologies. The clean energy insurance facility has garnered significant interest from insurers, surpassing expectations and indicating a growing market demand for sustainable insurance solutions. The insurance industry's willingness to cover risks associated with evolving clean energy technologies demonstrates a positive outlook for the future of hydrogen projects and the broader net-zero transition.