Insurance Company Forms Marketing Alliance To Serve Wind Energy Sector

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Chartis, a property-casualty and general insurance organization, has formed a marketing alliance between its global marine and energy division, and PowerGuard specialty insurance services.

The alliance will 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, Chartis explains.

The alliance can provide $400 million in property capacity, as well as comprehensive multi-line insurance solutions for original equipment manufacturers, project developers and power generation operators, according to the company.

SOURCE: Chartis

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