Markets/Coverage: kWh Analytics, Aspen Partner on Property for Renewables; Hub starts People & Tech Consulting; DUAL New Fine Art Program

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Comparing Best Insurance Companies The Bharat Express News
Comparing Best Insurance Companies The Bharat Express News

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kWh Analytics, Aspen partner in real estate insurance for renewables

kWh Analytics, a leader in climate insurance, has announced the launch of property insurance for renewable energy assets with capacity partner Aspen Insurance. This new product provides coverage against physical damage for solar energy and other renewable projects.

In recent years, limits have been reduced and costs for asset owners have risen significantly, with a need for new solutions to manage and insure risk. kWh Analytics’ property insurance brings new sophistication to the assessment of ownership risk and exposures for renewable assets, leveraging kWh Analytics’ proprietary database of over 300,000 renewable energy assets.

“The shift to a low-carbon economy is the biggest macroeconomic revolution of our generation, and insurance will play a vital role in securing the future. Recognizing that this transformation requires a new approach to pricing, managing and ultimately mitigating the emerging risks of the clean energy asset class, kWh Analytics is committed to underwriting products that enable renewable asset financing,” said Jason Kaminsky , CEO of kWh Analytics . ”

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In addition to its insurance products, kWh Analytics leverages data to encourage resilient design practices.

Hub International starts People & Technology Consulting

Hub International Limited (HUB) launched its People & Technology Consulting practice in the US, with a seasoned team of more than 35 specialists helping clients develop and maintain high-performing human resources programs within the ever-changing recruiting landscape and retention of talent.

HUB’s People & Technology Consulting helps clients harness the power of their employees with a human resources strategy, including the right processes and technology to drive performance and business results. While the formalized services are primarily provided in the US, there are situational cross-border opportunities that the practice will address for North American clients and prospects.

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Andrea Goodkin will lead HUB People & Technology Consulting as executive vice president and practice leader.

DUAL launches new Fine Art program

DUAL North America, Inc. announced the launch of a fine art acceptance program led by Casey Santangelo that will provide coverage to museums, galleries and dealers, and private and corporate collectors.

Santangelo joined DUAL in April 2022 as president of the fine arts department and is responsible for program development and management, acceptance, and all day-to-day operations.

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As of January 2023, the Fine Art Program will provide insurance products for a variety of art collections, including paintings and sculptures, rare books and manuscripts, archaeological materials, antiques and other objects of artistic or historical value. The program covers domestic and international risks and offers additional coverages including terrorism, floods, earthquakes, defense costs, recovery, event cancellation and more. Backed by a panel of underwriters, the Fine Art program offers primary limits of $30 million and additional limits of $50 million with a minimum attachment point of $25 million for excess placements.

Products will be insured through designated US wholesale and retail brokers

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