WTW has introduced a specialized insurance suite for the carbon capture and storage (CCS) value chain. The solution covers risks associated with CO2 capture, transport, and storage, aiming to make these projects more bankable for investors and operators. Key features include coverage for first-of-a-kind technology risks, CO2 leakage remediation, and financial protection against non-delivery penalties in carbon credit markets. The offering also provides risk engineering support during the front-end engineering design phase.
