Tokio Marine

Tokio Marine was identified as one of the economic operators selected to provide Construction All Risks (CAR) insurance for the Eneco Luchterduinen offshore wind farm development, also known as Q10. The procurement was issued by Clusius C.V., validly represented by Q10 Offshore Wind B.V., for a wind farm located approximately 23 kilometres offshore from Noordwijk and Zandvoort (the Netherlands). The awarded insurance scope was described as CAR coverage during the project’s construction period and the applicable maintenance period. CAR insurance is commonly used on offshore wind projects to protect the insured works and construction operations against physical loss or damage and related construction-phase risks, supporting continuity and financial resilience during the build and immediate post-completion period. Tokio Marine was listed alongside multiple other named insurance market participants under the same award notice. This indicates that the project insurance was arranged as a multi-provider placement, with coverage potentially shared across several operators. The notice did not include information on coverage limits, deductibles, participation shares, premium, or any contract value. The award decision date was stated as 16 August 2013. No additional commercial or technical insurance details were provided in the published procurement notice.