NorthStandard and NIORD form strategic partnership

NorthStandard and NIORD have entered into a strategic partnership to enhance their offshore renewable energy underwriting business.

Starting 1 January 2025, NorthStandard, a global marine insurer, will contribute an additional US$30 million in capacity to ensure fixed and floating wind farms, as well as renewable energy devices.

This collaboration is part of a broader risk management agreement between renewables-focused NIORD and NorthStandard, with plans to develop additional sector-specific...

https://container-news.com/northstandard-and-niord-form-strategic-partnership/

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