Skyward Specialty, a property and casualty (P&C) insurer, has announced the expansion of its renewable energy solutions.

As the renewable energy sector rapidly grows, the demand for specialised risk management is increasing, yet many risks remain underserved by traditional insurance options.

Rob Roberts, president of Energy at Skyward Specialty, stated, “The rising demand for renewable energy creates new opportunities for the specialty market to respond.”

He added, “Our team of industry experts bring deep industry knowledge and are well-equipped to develop strategies and apply best-in-class underwriting to tackle the needs of this dynamic market opportunity.”

Skyward Specialty’s expanded offerings now include casualty coverage for various renewable energy sectors, such as solar, wind, hydroelectric, biomass, and geothermal, providing customised solutions for businesses in these areas.

Roberts continued, “Today, we serve this market in different capacities across several of our underwriting units, so we are excited to expand the Company’s renewable energy offering, further diversifying our energy portfolio and aligning with our strategy to deliver innovative, customised solutions to the most specialised markets.”