Specialty

Ryan Specialty Renewables is the global renewable energy underwriting platform of Ryan Specialty. Built on a foundation established in 2011, Ryan Specialty Renewables has more than 100+ collective years of experience providing specialized insurance solutions for renewable energy projects worldwide. Our team combines deep underwriting expertise, engineering insight, claims support, and risk management capabilities to serve clients across the entire renewable energy lifecycle, from development and construction through operations and maintenance.

Development

Assessments are provided at no additional cost to our clients.

Construction, Testing & Handover

Physical damage, transit and revenue protection through the build, including marine exposures on offshore imported components. The transition window where most coverage gaps appear. We underwrite phased handovers to help avoid coverage lapses.

Operations

Long-term operational cover including revenue protection and catastrophe exposure in high-risk regions.

Capabilities

Underwriting

We combine deep renewable energy underwriting expertise with advanced actuarial and analytical capabilities. With combined delegated underwriting authority exceeding $300 million, we structure tailored coverage while maintaining disciplined standards.

  • Embedded actuarial support via Ryan Specialty Underwriting Managers
  • Proprietary rating models and natural catastrophe modeling
  • Aggregation management and portfolio analytics
  • Risk evaluated before losses occur, not after

Engineering

Our engineering team works alongside underwriters to evaluate risks, technologies and project exposures before binding and throughout the policy lifecycle, helping clients identify and mitigate complex risks early.

  • In-house technical assessment and site surveys
  • Probable Maximum Loss analysis for owners and lenders
  • Extensive third-party engineer and consultant network
  • Contributions to IEC 61400 wind turbine standards

Claims

With fully delegated claims authority, our claims team has the expertise and autonomy to assess, manage, and resolve claims efficiently, ensuring timely and equitable service for insureds and trading partners.

  • Dedicated claims resources in North America and London
  • Decades of complex renewable energy loss experience
  • Trusted network of adjusters and forensic specialists
  • Loss insight fed back into underwriting decisions

Excellent Security

Significant Capacity for Complex Risks

Ryan Specialty Renewables is backed by highly regarded international and AM Best A rated domestic markets. Ryan Specialty Renewables combines the financial strength, global reach and underwriting expertise of the world’s leading insurance markets with the responsiveness and specialization of a dedicated renewable energy MGU.

Our Coverholder status provides clients with access to the financial security and stability of one of the most respected insurance markets in the world.

Backed by highly rated markets we offer confidence that claims will be supported by a market renowned for its strength, resilience and long-standing reputation for honoring its commitments.

History

PERse

PERse (Power. Energy. Risk; securing the environment) was founded in 2011 to address the specialized risks of the renewable energy sector. PERse emerged as one of the early underwriting platforms dedicated exclusively to renewable power generation. As wind, solar, hydro, geothermal, and other clean energy technologies expanded, PERse developed underwriting expertise and tailored insurance solutions designed to support projects through development, construction, and operation.

PERse International

Launched in 2023, PERse International was created to extend specialized renewable energy underwriting capabilities to clients operating in markets around the world. The business was founded on the belief that global renewable energy development requires tailored insurance solutions backed by deep industry expertise and a long-term perspective.

Connection to Ryan Specialty

Ryans Specialty Renewables is part of the Ryan Specialty family. Ryan Specialty (NYSE: RYAN) is a service provider of specialty products and solutions for insurance brokers, agents and carriers. Ryan Specialty provides distribution, underwriting, product development, administration and risk management services by acting as a managing underwriter and a wholesale broker. Ryan Specialty’s mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers. ryanspecialty.com

Ryan Specialty was founded in 2010 by Patrick G. Ryan, the widely respected insurance veteran, founder and former Chairman and CEO of Aon Corporation. Mr. Ryan saw the need in the marketplace for a specialty organization dedicated exclusively to creating sophisticated insurance solutions for risks that demand innovation, proven leadership, outstanding industry expertise and quality services on behalf of brokers, agents and carriers.

Within Ryan Specialty, Ryan Specialty Renewables is a part of the Ryan Specialty Underwriting Managers (RSUM) division. RSUM delivers an independent and entrepreneurial approach to the specialty lines space by providing a unique platform for operational, legal, actuarial and technical support. RSUM’s exceptional resources and back-office support allows underwriters to focus on the risk itself, delivering a superior level of service to brokers, agents and carriers.