Swiss Re Corporate Solutions and Solar Impulse: shaping the future of renewable energy
At Swiss Re Corporate Solutions risk taking is the foundation upon which we operate and we admire the risk taking that comes with pioneering spirit. As a commercial insurer, we are passionate about applying our expertise to help others manage risk and we are proud to be the official insurance provider of Solar Impulse.
History of the partnership
In 2012, Swiss Re Corporate Solutions joined forces with Solar Impulse, a project which demonstrates the enormous potential of new technology to save energy and produce renewable energy. We contributed to the partnership by bringing our vast expertise in managing complex risks and unmatched competence to insure what others consider uninsurable. We share the conviction that renewable and clean technologies have the potential to become integral components of the global energy mix for a sustainable future.
Insuring the impossible, encouraging the next big thing
“From the beginning of the project I had in my mind, and also in my heart, the wish to have Swiss Re on board,” said Bertrand Piccard, initiator and Chairman of Solar Impulse during the announcement that Swiss Re Corporate Solutions would join the project as their sole insurance partner.
“All the technologies Solar Impulse uses for the project are not secrets, they are available today. If they were massively used, we could already reduce by two the world’s fossil fuels consumption,” added Piccard.
"This partnership is an excellent fit between two organisations who share a belief that innovation can flourish when knowledge and expertise are combined across industries," said Agostino Galvagni, CEO of Swiss Re Corporate Solutions.
Indeed, over the years Swiss Re has emerged as a leading voice in the areas of sustainability, climate mitigation and adaptation and renewable energy. Supporting the Solar Impulse project is yet another way that we're helping to reduce society’s dependency on fossil fuels.
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