Why offshore wind will not be built without this? - Martin Beck, Marsh on ExGOW (EP.3)

Why offshore wind will not be built without this? - Martin Beck, Marsh on ExGOW (EP.3)In this episode of Excellence in Global Offshore Wind (ExGOW) with Philip Bassil, we sit down with Martin Beck from Marsh Asia, the world’s leading insurance broker and risk advisor. We dive into the complexities and evolving landscape of insuring offshore wind projects and the role of risk management.  We also answer important question for offshore wind developers such as "What is the optimal timing in the project lifecycle to start the insurance conversations?" Martin shares insights from over 20 years of experience, highlighting the challenges and opportunities in the industry, and talk about why he's so passionate about making an impact.00:00 Introduction to Global Opportunities00:07 The Role of Insurance in Offshore Wind00:26 Meet Martin Beck: Passionate About Insurance01:07 Understanding the Offshore Wind Insurance Market03:04 Trends and Challenges in Offshore Wind Insurance04:01 Regional Differences in Offshore Wind Insurance09:07 Emerging Suppliers and Technologies18:38 Risk Management Strategies23:10 Personal Insights and Reflections27:29 Future Outlook--Excellence in Global Offshore Wind (ExGOW) w/ Philip Bassil is the premier Global Offshore Wind industry podcast. It brings insights and thought-leadership from the top leaders building and financing Offshore Wind projects across the globe. We discuss current market trends, key drivers, M&A deal flow, institutional investor perspectives and the evolution of the Global Offshore Wind landscape, including cost of capital, bankability, insurability, supply chain, regulatory regimes, auction design and much more... We also take a deeper dive into the backgrounds and real life stories of the leaders in the industry to better understand what makes them tick and their passion to make an impact. Excellence in Global Offshore Wind (ExGOW) w/ Philip Bassil podcast is sponsored by NORTHGREEN, the leading Global Offshore Wind financial services platform bringing innovative solutions across Advisory (Strategic Partnerships, Financing, M&A), Asset Management and Private Equity. linkedin.com/in/philip-s-bassil-mba-a422343b https://www.northgreencapital.com/