Willis Launches Integrated Risk And Insurance Solution For Carbon Capture

LONDON, May 13, 2026 (GLOBE NEWSWIRE) -- Willis Towers Watson US LLC, a WTW business (NASDAQ: WTW), today announced the launch of its Carbon Capture and Storage (CCS) insurance solution.

The CCS is a fully integrated insurance suite designed specifically to support developers and operators across the CO₂ capture, transportation, and storage value chain. It adapts upstream energy, marine, liability and environmental protections to the risks of CCS operations.

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The solution is designed to provide bankability enabling coverage, aligned with regulatory and carbon credit requirements, and is built to support operators, investors and emitters across every stage of a project lifecycle. The service offering extends beyond conventional insurance to include front-end engineering design (FEED) phase risk engineering support, best-practice knowledge sharing, contractual risk allocation advice, lender and regulatory support, and tailored insurance solutions.

Key Coverage Points Include:

• End‑to‑end risk coverage across the CCS value chain, from construction and commissioning through long‑term operations
• Protection for physical assets and revenues, including property damage, business interruption, and value‑chain downtime
• Certainty of risk transfer for complex CCS exposures, covering first‑of‑a‑kind technologies
• Comprehensive liability protection, addressing third‑party claims, plume migration, terminal operations, and off‑spec CO₂ risks
• Leakage event response and remediation cover, funding corrective measures following unintended CO₂ releases
• Financial protection under carbon credit and offtake regimes, mitigating exposure to non‑delivery penalties and mandatory carbon market obligations.

Marie Reiter, head of global broking strategy, natural resources at Willis, said: “We are delighted to announce the launch of our CCS solution, designed to support the next phase of carbon capture and storage deployment. Carbon capture and storage projects face first-of-a-kind risks, complex contractual structures, and rapidly evolving regulatory requirements. Effective risk management is critical to building bankability and long-term resilience.”

Full details of the launch can be found here.

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