Non-Delivery Cover
Artio’s Non-Delivery Cover empowers carbon credit buyers, including funds, corporates, and traders, to mitigate the risk of delivery shortfalls. Our comprehensive coverage addresses the primary drivers of under-delivery, offering a single, streamlined solution for your entire portfolio.
Whether you are deploying capital at the feasibility stage or during late-stage maturity, Artio provides the security needed to support your transactions at every step of the project lifecycle.
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We cover under-delivery from feasibility, if your project fails to deliver the agreed credits in your Policy*.
Artio’s team has worked in the carbon markets for several years and defined quality when it was needed most. During that time we gained direct insight into why projects under-deliver and matched that with analysis of historical project performance to define our coverage (see below for further detail on risks covered).
*Subject to terms and conditions defined in Your Policy
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Our insurance starts covering you from as early as pre-feasibility* all the way to full maturity of your carbon investment.
Investing earlier means buyers reduce cost per credit and enhance governance. This is why buyers need insurance to work from day one and cover all the relevant risks from day one too.
*Subject to all relevant documents being prepared
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We can issue a quote in as little as 2 days*.
Artio’s industry leading risk model analyses your project documents, i.e. shapefiles, feasibility studies, financial models, and investment agreements to deliver a fast, reliable premium quote for your forecasted credits. We ensure insurance supports, not delays, your investment decisions.
*Subject to all requested documents being provided with level of detail required
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We can settle in the cash value or replacement credits from our credit supplier pool.
Cash
Pre-defined credit price* defined in your policy and linked to market rates.
Credits
Receive credits that align to your strategy. We understand no two credits are truly similar, that’s why we work with you to source in-kind credits* that meet your needs.
This means you don’t end up with REDD credits as replacement for your ARR project.
*pricing curve and/or in-kind credits will be defined by Your Policy and subject to Policy terms and conditions
We analysed years of historical project data to ensure our single, streamlined Non-Delivery product covers the primary drivers of under-delivery. This covers
Under-delivery due to
Carbon Underperformance
Natural Catastrophe
Construction
Technology
Developer Financial Distress
Developer Fraud & Negligence
Methodology Registration Failure
Political
Our proprietary risk engine understands why and how projects can under-deliver. This powers our insurance and helps us share insights with you in real-time so you can monitor your risks and mitigate effectively.
Our insurance products are backed by global leaders in insurance
INSURANCE PARTNERS
FAQs
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Tokio Marine HCC is a global specialty insurance group known for its expertise in niche and high-risk markets, holding an AA- Fitch rating and reporting annual premiums of over $8 billion.
Markel Corporation, a diversified specialty insurer covering industries like M&A, marine, and cyber, has an A+ Fitch rating with annual premiums exceeding $10 billion.
Apollo Syndicate Management, a Lloyd’s managing agent providing flexible underwriting solutions across multiple lines, operates under Lloyd’s market ratings, including an AA- Fitch rating.
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We can settle claims in either cash or in-kind credits based on your coverage preferences. Importantly we help define what an in-kind credit is to ensure that you receive credits aligned to your long term strategy.
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We can issue a quote in as little as 2 days*.
Artio’s industry leading risk model analyses your project documents, i.e. shapefiles, feasibility studies, financial models, and investment agreements to deliver a fast, reliable premium quote for your forecasted credits. We ensure insurance supports, not delays, your investment decisions.
*Subject to all requested documents being provided with level of detail required
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Artio™ Risk Model has been created specifically to understand all the risks carbon projects face when it comes to delivery risk from day one.
Built with market specific knowledge over years of assessing quality, geospatial analysis and bringing in a wider understanding of project finance alongside wider risk modelling we use the model to power our insurance and look forward to what is realistically achievable in terms of projected delivery.
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Our Underwriting Platform and live risk monitoring services (see risk insights) are available at no additional cost to those insured by Artio.
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At Artio , we prioritise the project types that align with market demand and where we see the market evolving. This is matched by bulding project type specific risk models to ensure the best coverage across the market.
You can reach out to learn more about the full list which includes but is not limited to:
ARR; Blue Carbon; Biochar; ERW, Alkalinity Enhancement; IFM; BiCRS; Cookstoves & others.
While we have a strong focus on carbon dioxide removal (CDR), we are expanding as new project types mature and investment in these solutions grows. We’re always happy to discuss our roadmap and gain insights into buyers’ priorities today.
Insure your Carbon Investment
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