Hydrogen
Accelerate the hydrogen economy with comprehensive risk solutions for next-generation energy projects
Unlock hydrogen’s potential with specialist insurance that transforms emerging energy technologies into bankable investments
The rapid scale up of hydrogen projects to meet energy transition presents complex new risks. With investment in green and blue hydrogen initiatives expected to exceed US$680 billion by 2030, securing adequate insurance coverage is critical for project development and financing. The unique properties of hydrogen – including its high flammability, potential for embrittlement and microscopic molecular structure – create risks that traditional energy insurance products cannot adequately address. Tokio Marine GX’s Hydrogen Insurance solutions provide comprehensive protection across the entire value chain, from production facilities and storage infrastructure to transportation networks and end-use applications. By providing financial protection against technology failures, operational hazards and performance shortfalls, specialist coverage enables developers to secure financing and advance hydrogen projects with confidence.
Navigate hydrogen’s complex risk environment with insurance solutions built for pioneering energy technologies
Hydrogen projects face distinct challenges that require specialist risk management approaches. Large-scale electrolysis facilities involve hundreds of electrolyzers with potential for serial defect claims, while transportation and storage systems must manage highly volatile gases that can leak through conventional materials. Supply chains remain under pressure, with risks of capacity constraints and delays for replacement components. Tokio Marine GX’s Hydrogen Insurance products address these evolving exposures through comprehensive coverage that protects against fire, explosion, technology failure and business interruption. This is particularly important for pioneering projects that require significant upfront investment and have complex technology components as it boosts credibility and facilitates competitive financing.
Drive hydrogen adoption with insurance solutions that reduce financing barriers and accelerate commercial deployment
Tokio Marine GX’s Hydrogen Insurance coverage plays a pivotal role in making projects viable by addressing investor and lender concerns about emerging technology risks. Hydrogen Insurance solutions reduce the cost of capital by providing financial security that enables competitive financing terms, while comprehensive coverage gives stakeholders confidence in project viability. By offering substantial coverage limits and acting as lead underwriter for complex developments, Tokio Marine GX provides the financial backing necessary for large-scale projects that will define the future energy landscape. We help to accelerate project development and implementation, paving the way for a hydrogen-powered energy future. Contact our dedicated Hydrogen and Energy Teams to find out more about how Hydrogen Insurance can facilitate your business.