r. morerman_solar insurance and finance

• International operating Insurance broker

• Complete focus on solar PV

• Risk awareness and solutions:• Project development phase

• Construction phase

• Operational phase

Insurances from cradle to cradle without gaps for PV

About WIASS & Solar Insurance & Finance

• Project development risks• Political decision making

• Economical risks

• Legal risks• Breach of contracts

• Loss of contracts

• Obtain licenses

• Financial risks• Project expenses

• Economical risks

• Financial strength partners

Risks during project development phase

• Design and tender risks• Planning

• Unforeseen events

• Political decision making

• Construction and delivery risks• Mistakes in design

• Costs of additional work

• Planning mistakes

• Calamities

• Problems with suppliers

Risk during construction phase

• Political risks• Change of tax rules

• Close down work by local authorities

• Political decision making

• Decrease of subsidies

• Operational risks• Malfunction of the system

• Mistakes in technology

• Increased maintenance expenses

• Disappointing revenues

• Termination of contracts

Risk during operational phase

• Project development phase• Bank guarantee

• Background research partners

• Good contracts

• Directors and officers liability insurance

• Construction phase• Bank guarantee

• (Marine) transport insurance

• Construction all risk insurance

• Public and employee liability insurance

• Directors and officers liability insurance

Solutions during different phases 1

• Operational phase• Bank guarantee for service and maintenance

• Good contracts

• Directors and officers liability insurance

• All risk insurance (inclusive production losses)

• Cover against reduced yield

• Insured warranty (off factory)

Solutions during different phases 2

• Damage to third parties

• Physical damage to employees

• Who is liable?

•

Public and employee liability Insurance

?

Transport

• Insures transport from factory to customer

• Upgrade transporter conditions (FOB/CIF)

Construction All Risk

• Damage during the construction

• Liability for employees

• Damage to existing property

All risk Insurance

• Inherent defect modules and inverters

• External disasters(lightning, vandalism, theft, etc)

• Production loss

• Loss of earning

• Compensation maximum 30% of expected yearly earnings caused by:• Lack of sun

• Inherent defect

• Shortcoming of components

Cover against reduced yield

Fire caused by modules

Fire caused by inverters

• Maximum 25 years modules and inverters - can be covered in an extended product warranty insurance

• Acceptance after– Approved materials

– Approved certificates

Extended Product Warranty

• Specialists in solar insurances

• Our team has a wealth of expertise and experience in the field of insurance

• Tailor-made solutions

• Worldwide Insurance expertise

• Local presence

Insurances from cradle to grave without gaps for PV

Summary

For more information please contact:

René Moerman, Chief Strategy Officer Solarif

Rene.Moerman@solarif.com

+31 6 20 62 26 76

Harald Brand, CEO WIASS

hb@wiass.com

+49 93 55 97 45 11

Solar Insurance & Finance

For more information please contact:

René Moerman, Chief Strategy Officer Solarif

Rene.Moerman@solarif.com

+31 6 20 62 26 76

Harald Brand, CEO WIASS

hb@wiass.com

+49 93 55 97 45 11

Solar Insurance & Finance