By Adam Shinn, data science manager, kWh Analytics, Michael Cograve, agency principal, Renewable Guard & Ross Kiddie, senior risk manager, Renewable Guard The energy landscape is undergoing a profound transformation, with battery energy storage systems (BESS) at...
Industry Insights
Annual Report
We are in the process of developing our annual report for the year and will provide a link to our report once completed. We appreciate your interest and encourage you to check back in the future for Renewable Guard’s annual report which will address industry trends and insurance capacity for renewables.
Coming Soon
Brokers Respond to kWh Analytics’ 2024 Solar Risk Assessment: Key Takeaways and Insights
Jason KaminskyCEO. kWh Analytics - Climate Insurance for Renewable Energy Assets August 7, 2024 The 2024 Solar Risk Assessment report has sparked a lively discussion among industry professionals about the evolving landscape of renewable energy insurance. To facilitate...
Location, location, location: how catastrophic risks can shape renewable energy insurance premiums
Originally published on PV TechBy Bobby McFadden, kWh Analytics, and Keaton Carlson, Renewable Guard As a renewable energy managing general agent (MGA) and a broker, one of the most common questions we hear from solar and battery asset owners is: “Why do my insurance...
Agency Principal, Mike Cosgrave, Named by Insurance Journal as one of 25 National Agents of the Year
Renewable Guard is pleased to announce that agency Principal Mike Cosgrave has been featured in Insurance Journal’s 2021 National Agents of the Year report. This report honors 25 agents who defined what is meant to be a successful independent agent in...
Soaring US solar insurance costs turn spotlight on site protection
Featured in Reuters Events Excerpt from the Article: Industry action Last year, Renewable Guard launched a "parametric" hail insurance policy that is triggered when an event exceeds agreed thresholds, such as hailstones larger than two inches in diameter. Hail size is...
RENEWABLE GUARD ANNOUNCES NEW PARAMETRIC HAIL INSURANCE COVERAGE FOR RENEWABLE ENERGY PROJECTS
SAN FRANCISCO, CA (April 22, 2020) – Renewable Guard Insurance Brokers, LLC a leading independent renewable energy insurance brokerage firm, is pleased to announce a new partnership with Hailsure Underwriting Managers, LLC to deliver a new parametric hail insurance...
Don’t Capsize your Solar Tax Credit Safe Harbor Strategy | How to Properly Insure Safe Harbor Solar Equipment
Solar Developers Safe Harboring in 2019 could lose 4% ITC in 2020 if there’s a loss – An Insurance Strategy to Help BY: Michael Cosgrave, CIC, CRM | Renewable Guard Certified Risk Manager All around the country right now, Solar Developers are storing...
RENEWABLE GUARD TAKES ON HARVEY, IRMA AND MARIA
6 Hurricane Insurance & Loss Prevention Strategies Renewable Energy Owners Should Implement Today BY: Michael Cosgrave, CIC, CRM | Renewable Guard Certified Risk Manager Hurricane season runs between June 1st and November 30th and you need only look back to 2017...
RENEWABLE ENERGY INDUSTRY – INSURANCE OPTIMIZATION AMIDST NEW TAX LAWS | PROTECT YOUR BUSINESS WHILE REDUCING INSURANCE PREMIUMS
In a recently published article, the Wall Street Journal looked at how new tax laws could impact 15 major industries in the United States, including Renewable Energy. It is believed that the proposal in the House tax bill would reduce or sunset federal tax...
A RENEWABLE ENERGY BALANCE OF POWER: DEVELOPERS AND NOT THEIR CONTRACTOR SHOULD INSURE ENERGY PROJECTS
RENEWABLE ENERGY RISK MANAGER MICHAEL COSGRAVE AND ENERGY CONSULTANT SAM JENSEN TEAM UP TO EXPLAIN WHY RENEWABLE ENERGY DEVELOPERS AND NOT THEIR EPC CONTRACTOR NEED TO OWN THE BUILDERS RISK INSURANCE POLICY ON THEIR PROJECTS Who should control the insurance when...
A Roof Decision | Why Solar Developers Should Buy a SEPARATE Insurance Policy for Roof Mounted Solar
Own a building and adding solar? Or, your building owner wants to simply add your solar array to their building's insurance? Don't do it and here is why... SCENARIO: There is common ownership of the building and the roof mounted solar being installed or already...
Measure Twice – A Free Software Tool to Measure Natural Disaster Exposures on Renewable Energy Facilities
Let the Risk Managers at RenewableGuard help you reduce your risk and insurance premiums by leveraging a free software tool that provides loss potential data of natural hazards occurring anywhere in the world Renewable energy companies spend billions of dollars each...
RenewableGuard: Trump Tower vs. The Eiffle Tower
The Paris Climate Agreement shows us how Political Risk can impact the Renewable Energy Industry, while also shedding light on the need for increased private financing. Bill Gates and his Breakthrough Energy Fund shows us just how to get that done... http://Bill...
THE EPA MEETS THE ITC – WHERE ACRONYMS COLLIDE
THE ENVIRONMENTAL PROTECTION AGENCY (EPA) HAS A NEW CHIEF AND THERE IS GROWING SPECULATION ON WHAT THAT MIGHT MEAN FOR THE RENEWABLE ENERGY INDUSTRY & ITS FEDERAL INVESTMENT TAX CREDITS (ITC) – HERE'S A LOOK AT MANAGING POLITICAL RISK In an article I wrote almost...