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Chartis Forms Marketing Alliance With PowerGuard Specialty Insurance

For wind and solar energy sectors

Chartis has formed a marketing alliance between its Global Marine and Energy Division and PowerGuard Specialty Insurance Services.

The alliance intends to leverage Global Marine and Energy’s leadership in the renewable energy sector worldwide including underwriting, loss control and claims expertise for property, cargo and casualty coverages with PowerGuard’s warranty product underwriting expertise to offer solutions for the entire value chain within the wind and solar segments.

The alliance can provide $400m in property capacity as well as multi-line insurance solutions for OEMs, project developers and power generation operators.

Rob Kuchinski, president of Global Energy Property, a unit of Global Marine and Energy, said: “The creation of this marketing alliance focuses our combined capabilities to meet the needs of the rapidly growing solar and wind markets with underwriting, claims and engineering excellence.”