presentation solar insurance and finance | solarif

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Solar Insurance & Finance (Solarif) is an internationally operating independent insurance broker and Authorized Agent, specialised in insuring Solar PV installations. Also known as PV insurance. Solarif insures PV installations on the roofs of private clients and businesses as well as solar energy parks in all EU countries, Turkey, India, South-Africa and The People´s Republic of China.

TRANSCRIPT

Page 1: Presentation Solar Insurance and Finance | Solarif
Page 2: Presentation Solar Insurance and Finance | Solarif

• International operating Insurance broker

• Complete focus on solar PV

• Risk awareness and solutions:• Project development phase• Construction phase• Operational phase

Worldwide cradle to cradle PV Insurances

About WIASS & Solar Insurance & Finance

Page 3: Presentation Solar Insurance and Finance | Solarif

• 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

Page 4: Presentation Solar Insurance and Finance | Solarif

• 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

Page 5: Presentation Solar Insurance and Finance | Solarif

• 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

Page 6: Presentation Solar Insurance and Finance | Solarif

• 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

Page 7: Presentation Solar Insurance and Finance | Solarif

• 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

Page 8: Presentation Solar Insurance and Finance | Solarif

• Damage to third parties• Physical damage to employees• Who is liable?•

Public and employee liability Insurance

?

Page 9: Presentation Solar Insurance and Finance | Solarif

Transport

• Insures transport from factory to customer• Upgrade transporter conditions (FOB/CIF)

Page 10: Presentation Solar Insurance and Finance | Solarif

Construction All Risk

• Damage during the construction

• Liability for employees

• Damage to existing property

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All risk Insurance

• Inherent defect modules and inverters

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

• Production loss

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• Loss of earning• Compensation maximum 30% of expected yearly

earnings caused by:• Lack of sun• Inherent defect• Shortcoming of components

Cover against reduced yield

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

• Acceptance after– Approved materials – Approved certificates

Extended Product Warranty

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• 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 offices in Belgium, Netherlands, Germany,

India, China, Italy, Bulgaria, Ukraine, UK,• All Insurance companies are A+ rated

Worldwide cradle to cradle PV Insurances

Summary

Page 15: Presentation Solar Insurance and Finance | Solarif

For more information:

www.solarif.com

[email protected]

Solar Insurance & Finance

Page 16: Presentation Solar Insurance and Finance | Solarif