Willis Towers Watson has introduced a modular insurance solution to cover the full lifecycle of carbon capture and storage (CCS) projects. The coverage integrates energy, marine liability, and environmental protection to address risks from construction through long-term operation. The new product specifically targets CO2 leakage, third-party liabilities, and financial risks associated with carbon credit offtake agreements. By providing risk engineering and contractual guidance, the firm aims to improve the bankability of CCS deployments, particularly in the APAC region.
