Aviva and Onyx Insight have launched a pilot partnership designed to help wind farm owners and operators reduce insurance and operational risks using predictive analytics.

The collaboration combines Aviva's Global Risk Management Solutions business with Onyx Insight's AI-based monitoring technology to support earlier identification of turbine faults, with the aim of reducing downtime and unplanned maintenance.

Maintaining turbine performance is one of the largest costs over an asset's lifetime.

Alexis Grenon, chief executive of Onyx Insight, said: "We are delighted to partner with Aviva on this project and are excited to work with its policyholders to help reduce risk across the whole turbine and project lifecycle, from early operation through to later-stage optimisation and life extension. Our advanced failure detection can identify issues up to two years in advance of a potential loss event, giving wind asset owners and operators comfort, and allowing them to take a truly front-footed approach to managing risk and optimising their maintenance plans.”

Chris Andrews, director of Aviva Global Risk Management Solutions, added: "There is increasing pressure on insurers and wind asset owners to enhance resilience strategies as the industry grapples with ageing fleets and an uptick in serial defects. We support clients by helping them to identify, evaluate, and quantify risk to build sustainable industry growth.

“Wider uptake of data and analytics can provide more insight into turbine condition, strengthen underwriting, and deliver better risk management practices, helping to prevent unplanned downtime and unexpected costs."

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