Allianz becomes the first insurance partner of Solar Energy UK

Allianz becomes the first insurance partner of Solar Energy UK

Allianz has taken a strategic focus on renewable energy

At a time when the UK is looking to rely on renewables more than ever, Allianz Insurance is delighted to announce that it is the first insurance member of Solar Energy UK. The established solar and energy storage trade association, with its 256 members across the value-chain, is working to treble the UK’s solar capacity to 40GW by 2030.

Allianz is committed to helping shape a more sustainable future and in the past year has launched numerous initiatives, including: the Net Zero Accelerator – helping brokers to measure and reduce their carbon footprint, partnering with Synetiq for sourcing green parts for motor claims, and having all UK offices run on renewable energy. And now, as part of Solar Energy UK, Allianz can continue to contribute further to the transition to a cleaner and more sustainable future.

Membership will enable Allianz both to better support its Solar Power insurance customers, and to help Solar Energy UK and its members to understand the key risks that the industry faces.

Cherry Parker, Director of Business Development at Solar Energy UK, said: “We’re delighted to welcome Allianz onboard as our first associate member.”

“It’s impressive to see Allianz reinforcing its credentials for decarbonisation and seeking to grow its services portfolio in the fast-growth solar energy and storage industry.”

Steve Kelly, head of insurance for Allianz Engineering, Construction and Power, said: “We are very happy to be the first insurer member of Solar Energy UK and we hope we are not the last.

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“No doubt other insurers and brokers will follow suit, not necessarily with Solar Energy UK, but with other trade associations or groups that promote and support the path to a more sustainable way of doing business.

“Solar Energy UK is a great fit for Allianz. We already have diverse engineering and insurance expertise within the renewable energy sector, but we want to build on that to be a leading force in the insurance industry.”

Authored by Allianz