December 10, 2025
Hanseatica launches its new Renewable Energy Insurance to support the growth of clean energy in Argentina
Amidst the full expansion of Argentina's energy transition, Hanseatica launches an insurance policy designed to protect solar and wind projects throughout all their stages.
December 11, 2025 – Buenos Aires City – Amidst a period of historic expansion in Argentina's energy sector, Hanseatica Insurance Company announces the launch of its Renewable Energy Insurance, a comprehensive solution designed to protect photovoltaic solar and wind projects from the construction phase through full operation.
According to an analysis by RICSA, in October 2025, renewable energies —excluding hydroelectric— accounted for 25% of the country's total electricity generation, reaching a historic volume of 2,706 GWh, which represents a year-on-year increase of 29.7%. This is further bolstered by projected investments exceeding USD 4.5 billion for the 2025–2026 biennium, driving the development of new wind farms and solar plants across Argentina.
This growth, however, presents inherent challenges that can impact project continuity and profitability, including technical failures, climatic events, risks associated with component transportation, construction delays, and operational disruptions. In this context, specialized insurance coverage is paramount to ensuring the sector's financial and operational stability.
An Insurance Solution Covering the Entire Project Lifecycle
Hanseatica's new insurance solution offers tailored coverage for the two most critical stages:
- During Construction and Erection
This includes material damage, civil liability, theft or vandalism at the construction site, schedule disruptions, and protection for large-scale equipment and components. - During Operation
This coverage addresses mechanical or electrical failures, losses due to service interruption, damages from natural phenomena, and provisions designed to enhance plant safety and sustainability.
The insurance is specifically tailored for wind and solar farm developers and operators, EPC companies, investment funds, utilities, and energy equipment manufacturers.
“Argentina is consolidating its transition towards a cleaner energy matrix, and our role as an insurer is to support this journey with technical, reliable solutions adapted to the new scale demanded by the sector. This product was designed to provide backing at every stage of the project, ensuring predictability and operational continuity”, stated Guido Bottin, Chief Operating Officer at Hanseatica Compañía de Seguros.
ABOUT HANSEATICA
Hanseatica, a leading insurer in Latin America for Cargo Insurance, offers comprehensive insurance solutions designed to safeguard the most valued assets of businesses and individuals. We provide solutions that ensure asset protection, enhance resilience against unforeseen events, and contribute to building a more secure and prosperous future.
The solutions offered are tailored to the specific needs of each client and include: Cargo Insurance, Container Insurance, Integrated Property and Commercial Insurance, Liability Insurance, Fire Insurance, Engineering Insurance, Surety Insurance, Pleasure Craft Insurance, and Family Package Insurance.
