INS
Insurance for Offshore Wind Projects

Understand risk & insurance in offshore wind to improve project outcomes

Reduce uncertainty and contribute confidently to contracts, budgets and insurance decisions across the project lifecycle. Learn risk transfer strategy, contractual risk allocation, premium budgeting, the main insurance policies and claims from Marsh's offshore wind specialists.

Developed in partnership with

Price

€495

ex. VAT*

Part 2 of this course will be released in December 2026

Self-paced, 17 weeks access from enrolment date

Access to course instructors for Q&As

Certificate of completion included

Accessible content with subtitles

Enrol now — €495

* VAT is subject to student and/or client's country of origin. VAT exemptions may apply.

Approved course for obligatory professional development
by the Danish Bar and Law Society

Danish Bar and Law Society approval stamp

Modules

Chapters

Final Exam

Academy partner

Developed in partnership with the global leader in risk & insurance

Marsh is a global leader in risk and insurance, advising clients in over 130 countries. With specialised offshore wind teams across Europe, APAC, and the Americas, Marsh helps project developers, contractors, and investors manage complex risks, secure financing, and support successful project delivery.

Meet the instructors→

Industry challenges

Why we developed this course

Reactive, Siloed Risk Management

Offshore wind premiums and deductibles are rising, and insurance is often settled late in contract negotiations or when a broker gets involved. Without early integration, projects often end up with higher costs and weaker Internal Rate of Return (IRR).

Inconsistent Training Standards

Most training in the industry is delivered by brokers, and its quality depends on their own expertise or commercial focus. This leaves teams without a shared & structured baseline knowledge for high-stake decisions.

Knowledge Gaps That Affect the Bottom Line

Without a consistent methodology, teams face knowledge gaps when making decisions on budgeting, contracting, and claims, decisions that directly shape a project's IRR and long-term value.

This course is for you

if you can say yes to at least one of the following...

I work in a role that regularly interfaces with the insurance or risk function.
I want to better understand what influences insurance pricing and how risk and insurance can create long-term value.
I want a clear view of all the various touch points that insurance has during the various phases of a project lifecycle.
I'm involved in developing, managing, or delivering offshore wind projects and need consistent, high-quality guidance.
I've experienced siloed or inconsistent insurance training and want a holistic, structured approach.
I'm responsible for commercial, contractual, procurement, or legal decisions connected to project risk.

Learning goals

Here are your expected learning outcomes

Understand risk & insurance across the project lifecycle

Understand how the risk and insurance function operates across the lifecycle of an offshore wind project and how it drives value-creation.

Build a risk transfer strategy

Recognise, interpret, and apply key concepts from the Risk Transfer Strategy, including early-stage risk analysis, deep-dive risk engineering studies, contract review, how to engage with the insurance market, claim management and long-term premium budgeting.

Contribute confidently to project decisions

Gain insight from real-life examples on robust risk and insurance approaches vs a sub-optimal approach. Contribute confidently to project decisions, contract, design and budget decisions with a consistent view of risk and insurance.

What's included in the course

High-quality videos and animations

Learn from expert-led videos and engaging animations that bring complex topics, processes, and concepts to life.

Knowledge checks and final exam

Reinforce your learning with chapter knowledge checks and a comprehensive final exam.

Glossary

A glossary and reference resources to use on your own projects.

Case studies

Apply your knowledge through real-life examples drawn from offshore wind projects.

Professional community

Connect with peers and industry professionals through our online professional community.

Certificate

Successfully pass the final exam and earn a Certificate of Completion.

About this course

Across the offshore wind industry, risk and insurance are frequently managed in isolation, addressed only when a contract requires it, or left to a broker to arrange. This leads to missed cost optimisation, inconsistent standards, and weaker returns.

In this course, you will learn the deeper principles behind risk identification, evaluation, and the contractual and technical mechanisms that underpin risk transfer and cost optimisation, revealing the value created when insurance is strategically embedded from early development through construction, commissioning, and operations.

By the end of the course, you'll gain a structured understanding of:

Risk engineering and CAT modelling

Verification and certification pathways

Policy clauses and contractual mechanisms

Budgeting for risk and insurance

Claims processes and outcomes