risk management for renewable-power-brochure.pdf

risk consultancy service capability, expertise, experience introduction for renewable power sector.

1. Renewable Energy:
Managing Volatility Risks

2. Click on a section >>Content

3. Who We Are
Aon is insurance advisor and broker to some of the world’s
largest Renewable Energy (RE) developers.
Our experience and fact-based approach gives Aon the
unique capability to add differentiated and unrivalled in-
depth risk advisory and broking services.
The Aon approach creates collaboration where local,
regional, and global colleagues support and work together
to deliver results.
Our expertise extends beyond simply offering traditional
insurance solutions as we analyse, assess, innovate, and
transfer a variety of risk exposures faced by RE developers.
17gw
Offshore Wind
52gw
Onshore Wind
3gw
Geothermal
160gw
Hydro
14gw
Solar Projects

4. Risk Landscape
We understand the risks associated with the development of Renewable Energy projects.
Please mouse over the relevant sections on the hexagon below >>

5. The Aon Difference
Early consideration of risks and insurance
matters may impact the contractual
arrangements and risk allocation of a project.
Aon’s Construction, Power & Infrastructure
team is a market leader, advising clients on
a diverse variety of projects across Asia. Our
team has experience working with domestic
and international developers, commercial
lenders, multilateral development banks,
export credit agencies, and various other
stakeholders in relation to these transactions.
Aon also provides risk and insurance due
diligence advisory services to corporate
investors, private equity partnerships and
infrastructure funds in respect of Mergers
and Acquisitions (M&A) transactions for
infrastructure assets globally, as well as lenders
advisory services.
Our integrated team approach provides end-
to-end innovative solutions, ensuring seamless
transition from project development through
to commercial operations.
Aon delivers the best of our global
firm to local clients

6. Aon Client Promise
This is our approach to deliver exceptional service that is distinctly different from others in the market.
Risk
Transfer
Review
Deliver
Develop
DiscoverRisk
Identification
Solution
Assessment
& Design
Risk
Quantification
Risk
Mitigation &
Management
Claims
Consulting
Risk
Retention
In partnering with you, we will deliver measurable
results on what matters to you and add distinctive
long-term value through the work we undertake.
Client and
solutions
orientated
Consultative approach
to service delivery
Service driven
by client needs
Consistent &
structured
‘Client Promise’
based service model
Service based
around one contact
supported by
an extensive team
of specialists
Proactive and
data-driven
approach
Blend of short-term
wins with the vision
of long-term
strategic objectives
Aon’s
Approach

7. Risk & Consulting Solutions
for Renewable Energy Developers / Owners
Renewable
Energy
Feasibility Study / Concept DesignDevelopment / Tendering Construction Operations
1/2
Consulting Solution
Claims Advocacy
Acquisition Due Diligence
PML Modelling, e.g. Nat Cat / Explosion / Fire
Design & Technology Review Lenders Insurance Advisory
Crisis Management Consulting / Blast Modelling
Environmental Liability Review Cyber Risk Assessments
Valuations Operational All Risk PML Loss Study
Captive Solution Construction Status Report Business Interruption (BI) Study Estimated Max Loss Study
Insurable Risk Review Risk Engineering Studies Risk Engineering Surveys Redundancy Cost-Benefit Analysis
Security: Project & Personal Safety
Fire & Accidents etc
Environmental Impairment
Risk
Design or Specification Error / Technology Efficiency
FOREX: Exchange Rate; Convertability; Availability
Political & Regulatory Risk
Machinery Breakdown
Surrounding Property / Bodily Injury
Force Majeure / Natural Catastrophe
Commissioning / Ramp Up
Defective Material / Workmanship / Inherent Defects
Achieving Cost Effective Risk Allocation (PPA, EPC, O&M)
Shipment, Transport, Logistics
Weather
Market Risk
Supply Chain
Contractor Delay

8. Reducing Total Cost of Risk (TCoR)
Insurance Solutions
for Renewable Energy Developers / Owners
2/2
Aon’s bespoke proprietary
& exclusive market vehicles
• Construction &
Erection All Risks
(CEAR)
• Delay in Start Up
(DSU)
Construction
Traditional
Insurance
Solutions
• Terrorism / Strikes,
Riots and Civil
Commotions (SRCC)
• Kidnap and Ransom
• Political Violence
• War
• Cyber
Crisis
• Professional Indemnity
• Third Party Liability
(TPL)
• Environmental Liability
• Directors and Officers
(D&O) Liability
Casualty
• Credit
• Political Risk
• Surety / Project Bonds
Financial• Cargo
• Delay in Start Up
(DSU)
Marine
• “All Risks” Property
Damage
• Business Interruption
Operations
Non-Traditional
Insurance
Solutions
Performance Warranty Weather / Efficacy / ParametricRevenue Shortfall Cover

9. Who Can Help?
A global reach, coupled with local knowledge, has enabled Aon to
create one of the world’s leading Renewable Energy teams, who focus
on supporting our clients’ risk management and insurance needs.
With a comprehensive knowledge of the sector, Aon has become a
leader in analytics, benchmarking and risk consulting, enabling the
Renewable Energy team to create innovative client solutions.
Nicki Tilney
Head of Construction, Power & Infrastructure Asia
[email protected]
Gary Swinfield
Regional Director - Construction, Power & Infrastructure, Asia
[email protected]
Tom Baker
Director - Construction, Power & Infrastructure, Asia
[email protected]
Denise Ho
Associate Director - Construction, Power & Infrastructure, Asia
[email protected]
For further information, please contact a team member below:

10. About Aon
Aon plc (NYSE:AON) is a leading global professional
services rm providing a broad range of risk, retirement
and health solutions. Our 50,000 colleagues in
120 countries empower results for clients by using
proprietary data and analytics to deliver insights that
reduce volatility and improve performance.
? Aon plc 2018. 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