Aviva has entered the offshore wind insurance market in its bid to become the UK's biggest renewable energy insurer by 2027. 

The Norwich-based company is providing insurance on offshore and onshore wind, solar power, electric vehicle charging points, and battery energy storage systems (BESS). 

It will focus on large renewable energy clients and will offer construction all-risks and operational risks cover for projects in the UK, US and Europe. 

The insurance giant will also support existing clients as they move into the offshore wind industry with coverage aimed at wind farm developers, owners, and operators. 

It has already entered the market by insuring its first risk in the North Sea. 

READ MORE: How will Norfolk benefit from fast-growing renewable energy sector?

Norfolk is set to become a powerhouse of renewable energy in the coming years.

Part of this move will see energy firm, Vattenfall, build one of the world's largest offshore wind farms off the Happisburgh coast. 

Once this project is fully completed it is set to power 10% of UK homes. 

Aviva has supported the region's green energy boom by investing in the East Anglia One wind farm 36km off the Lowestoft coast, which can power more than one million homes with green electricity. 

Eastern Daily Press: Aviva invested in the East Anglia ONE offshore wind farmAviva invested in the East Anglia ONE offshore wind farm (Image: Antony Kelly)

READ MORE: Massive renewable energy battery approved for Norfolk hamlet

Adam Winslow, CEO of Aviva UK and Ireland General Insurance, said: “Aviva has a strong reputation as a lead insurer in onshore renewables and we know there is strong demand in offshore as we see this market rapidly evolve.

“Aviva has pledged to achieve net zero by 2040 and in November we set out our commitment to help support the UK to become the most climate-ready large economy by 2032.

"Supporting our growing renewable energy industry, both on and offshore, is a critical part of achieving that ambition.

“With more offshore wind projects coming on-stream all the time and many others in the planning, development and construction phases, this is a growth area and we look forward to bringing our expertise and experience to bear in this exciting space.”