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Brokers take advantage of business created by the renewable-energy market.

While not every producer is savvy in underwriting the ever-evolving risks attached to the domestic energy market, one thing is certain: It's a boom time.

The cost of insuring a solar plant has dropped by 50% since 2010 because of cheaper photovoltaic panels that lead to lower project costs and reduced premiums.

The cost of insuring a solar plant has dropped by 50% since 2010 because of cheaper photovoltaic panels that lead to lower project costs and reduced premiums.

Reverberations from Superstorm Sandy and the Costa Concordia disaster, as well as frequent movement among carriers both into and out of the segment, have shaped the face of the ocean marine insurance market for the past year.

For producers and carriers looking for opportunities in the energy sector, one word sums up where a lot of the growth is occurring: alternative.

For producers and carriers looking for opportunities in the energy sector, one word sums up where a lot of the growth is occurring: alternative.

In response to the Liability crisis of the mid-1980s, during which capacity halved and premiums doubled, a pair of insurance companies formed to create new coverage solutionsand they ultimately grew into two of the largest insurance players in the world: Ace and XL.