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

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
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
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
Solutions during different phases 1

Operational phase
Bank guarantee for service and maintenance
Good contracts
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

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 offices in Belgium, Netherlands, Germany, India, China, Italy, Bulgaria, Ukraine, UK,
All Insurance companies are A+ rated
Worldwide cradle to cradle PV Insurances
Summary

For more information:
www.solarif.com
[email_address]
Solar Insurance & Finance

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Presentation Solar Insurance and Finance | Solarif

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