RenewableGuard

We’re excited to share a new article on the latest efforts to mitigate thermal risk and the future of Battery Energy Storage (BESS) Insurance co-authored by our very own Michael Cosgrave, CIC, CRM, CLTC and Ross Kiddie in collaboration with Adam Shinn from kWH Analytics. Read the full article here: https://lnkd.in/dH87PMSV

Renewable Guard is at RE+! ? Looking forward to meeting with colleagues and project developers next week at RE+!?Please reach out to us if you are interested in scheduling a meeting to discuss our unique insurance offerings for project owners.?Our following team members will be in attendance: Michael Cosgrave, CIC, CRM, CLTC –?Principal Matthew Rist –?Partner Drew Kindelt –?Renewable Energy Risk Manager James Bowen –?Senior Advisor / New Product Development

RenewableGuard is pleased to announce Matthew Rist has joined our Renewable Energy Practice Group!?The addition of Matt reinforces Renewable Guard’s commitment to provide clients with highly specialized renewable energy insurance experts to effectively manage their risk.??Matt joins Renewable Guard with two decades of experience providing insurance?brokerage and consulting to the renewable?energy industry, and over 10 GW of insured renewable assets.?Prior to Renewable Guard, Matt was Principle of the renewable?energy practice at EPIC Insurance?Brokers and Consultants, focused on risk management?and the placement of complex insurance?programs for developers, owners,?operators?and EPCs.?Matt was also?a member?of Gallager's International Energy team, managing comprehensive insurance programs for clients in the Energy space including Solar, Wind and Natural Gas. ? In 2023 Matt was recognized by Risk & Insurance Magazine as a Renewable Energy Power Broker finalist.?Matt was a founding member of Iridum Clean Energy, a firm providing risk management consulting to renewable?energy and clean tech companies developing new products and technologies designed to mitigate climate change.??Matt is an active member of the Solar Energy Business Association of New England (SEBANE).?We look forward to his support of our clients and the greater renewable energy industry.?Welcome Matt!

Renewable Guard Principal Michael Cosgrave, CIC, CRM, CLTC shares some insights on navigating the risks and opportunities of Battery Energy Storage Systems (BESS)?in an article by kWh Analytics CEO Jason Kaminsky. Definitely worth a read.

Excited to share a recent article co-authored by our own Keaton Carlson, along with Bobby McFadden from kWh Analytics.?There has been a lot of reporting around the impacts of extreme weather on renewable energy projects.?The insurance carriers have taken notice.?In response, this article outlines strategies developers can implement to design projects more resilient to extreme weather, simultaneously stabilizing insurance premiums. Have a read! https://lnkd.in/gNDNfye6

2024 Midwest Solar Expo Panelist - Severe Weather & Renewables - Renewable Guard’s agency Principal Michael Cosgrave, CIC, CRM, CLTC will be on a panel this week in Chicago discussing how to make projects more resilient to extreme weather.?Project Sponsors are facing a wide range of challenges relating to weather, including the bankability of their projects.?With the advent of new advanced PV stow technologies, an increase of 10 degrees of stow could reduce a project’s hail PML result by 20%.?Stow capabilities and other strategies can have an impact on the cost of insurance capacity, along with securing project financing.?Please reach out to Mike directly if you have any questions or plan to attend this week’s conference and wish to meet. #MWSE24 #renewableinsurance #renewableenergy

Our Agency Principal Mike Cosgrave will be discussing the impacts of vegetation management and wildfire risk on obtaining competitive insurance capacity for projects.?Having no plan is no longer an option and Michael will be sharing best practices to implement to reduce risk and capital expenditure. Find him at the Solarplaza Summit Asset Management North America Vegetation Management and Biodiversity Conservation April 9 - 10, 2024 San Diego https://bit.ly/3tMQ5pB #AMNA #solarplazasummit #solarenergy #assetmanagement

We'd like to welcome Ross Kiddie to the Renewable Guard team. Ross has over 25 years of experience in the renewable energy and power space and is a recognized industry leader and specialist for (BESS) battery storage, risk, and insurance.?He previously led the international battery energy storage practice with a UK Managing General Agent and brings his qualifications as a technical advisor, risk manager, underwriter consultant and broker to the Renewable Guard team. He has had articles published in technical magazines on topics covering nat/cat impacts for insurance, software tools for modeling risk and has been a featured speaker and panelist at the Energy Storage Summit and other international conferences.?

Looking forward to Infocast in Phoenix next week!?Please reach out to learn more about our revenue put with market price risk coverage.?We will also be discussing parametric coverage and other unique insurance resources offered through Renewable Guard for project owners and developers.

Great analysis on how insurance integrates into the renewable energy project capital stack.?We appreciate the recognition of our agency and the acknowledgement that there is no substitute to working with renewable energy specialist Brokers, MGAs, and Carriers when navigating insurance requirements necessary for your project’s financial closing.?Here at Renewable Guard, we have an insurance lender consultant on staff to bolster support for our client closings during what can otherwise be a very stressful negotiation.?We also value the partnerships shared with our valuable Carrier and MGA resources.