Customized insurance solutions for renewable energy: Aon, UNIQA and Network One Distribution collaborate to promote green energy adoption

Aon Romania, one of the leading insurance brokerage and risk management consulting firms, and UNIQA, one of the most significant insurers engaged in sustainability actions, have partnered to offer comprehensive insurance solutions for renewable energy in Romania.

This collaboration aims to support sustainable development and protect investments in renewable energy by providing All Risks coverage to Network One Distribution’s installer partners and their clients. Network One Distribution is a leader in the Romanian Electro-IT market, offering integrated solutions and aiming to play an active role in the transition to renewable energy sources.

This partnership addresses the growing needs of the renewable energy industry, particularly in light of increasing concerns about sustainability and environmental protection. Aon, leveraging its extensive experience in risk management and consulting, aims to deliver high-quality, data-driven professional services provided by experts to help clients minimize risks and maximize performance in a dynamic global economy.

“With this partnership, we aim to innovate and contribute our expertise in managing risks in the green energy sector, protecting sustainable projects’ investments. Moreover, we intend to offer our clients personalized and high-performance solutions to help them adapt rapidly to a context of rapid changes that can turn into opportunities”, stated Eugen Anicescu, CEO of Aon Romania.

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With over 1000 global partnerships in the renewable energy sector and facilitating the insurance of over 1000 GW in the past five years, Aon brings expertise and innovative solutions to safeguard investments in green energy. Through this collaboration, clients choosing the benefits provided by Aon and UNIQA Insurance will enjoy All Risks coverage for 18 months during the initial installation and operation period of photovoltaic systems, protecting investments against unexpected losses or material damages caused by insured equipment.

“We are pleased to announce our partnership with Aon and the NOD network to provide comprehensive and reliable insurance solutions for the renewable energy industry in Romania. This partnership aims to offer our clients robust protection against specific risks in this growing sector. With a dedicated team and innovative solutions, we are prepared to contribute to the success of investments in green energy”, stated Paul Cazacu, CEO-President of the Board of Directors of UNIQA Insurance Romania.

The partnership’s objective is to enable NOD (Network One Distribution) to offer insurance solutions to all their installer partners engaged in the installation process of photovoltaic systems to consumers, including through the 2023 Casa Verde(Green House) program. As a result, NOD partners will benefit from a range of competitive advantages in the market and personalized solutions to protect their businesses and clients.

In the end, the final customers will be protected against risks such as natural phenomena, fire, explosion, power surges, vandalism, theft/qualified theft, and accidental damage, including interruptions in insured power production during downtime caused by these events.

“Our partnership with Aon and UNIQA aligns with our desire to provide our partners and clients the best solutions and services. We are proud to be part of this collaboration, which will allow us to expand the range of products and services offered and create added value for our clients in the renewable energy industry. Together with Aon and UNIQA, we are committed to developing and delivering solutions tailored to market needs and supporting sustainable development in this rapidly expanding field”, concluded Andrei Militaru, CEO of Network One Distribution.