Auton Green enables clients globally to access up to 40% capacity on onshore renewable energy lines, an increase from 20% on other lines written through Auton.
Designed to meet client needs and a growing appetite to write onshore renewable energy risks, 40% is one of the largest lines offered by a broker follow facility in the market. This marks a significant step forward in providing tailored coverage for the rapidly evolving renewable energy sector.
Auton Green benefits from the financial strength of the Lloyd’s market, with participating syndicates that include Beazley, AXIS Energy Transition Syndicate 2050, and Munich Re Specialty. It will provide increased capacity for risks such as onshore wind, solar, hydro, and battery storage.
With Auton Green, McGill and Partners continues its focus on innovation, providing efficient market access through intelligent, automated risk selection. The bespoke rules engine, part of McGill and Partners’ proprietary digital platform Underscore, ensures streamlined access to leading market capacity, enhanced negotiation of terms, and live data to support better decision-making.
Tom Sexton, Partner, Head of Renewables, Power and Energy at McGill and Partners said, “Our digital-first approach at McGill and Partners is all about empowering clients with innovative solutions for their unique business needs. The launch of Auton Green takes this a step further, offering a global, world-class, secure facility that provides access to up to 40% full-follow capacity on onshore renewable energy lines. This facility will ensure risks will be completed on the most competitive terms and in an extremely efficient manner, providing significant benefits for our international renewable energy clients.”
Richard Carroll, Global Head of Energy Resilience at AXIS added, “The renewable energy sector has a critical role in supporting the global shift towards a greener, lower carbon future. As the onshore sector expands and its need for specialist insurance coverage increases, we are pleased to support Auton Green and deepen our strategic partnership with McGill and Partners as they develop efficient coverage solutions for onshore clients.”