Our Products

Our products are all structured as parametric insurance products rather than financial derivatives due to the presence of existing frameworks for the inclusion of insurance into project finance arrangements. These insurance products are index-based shortfall insurance that pays when the selected index (based on the availability of the energy source) falls below a predetermined threshold.

Wind

For wind projects, the insurance index is based on satellite wind data. The insured receives payouts any time that the expected production (kWh) is below the insured threshold due to low wind speeds (m/s).

Hydro

For hydropower operations, the insurance index is based on the total precipitation within the catchment area, or on the streamflow. The insured receives payouts any time that the precipitation or streamflow is below the insured threshold.

Solar

For solar energy plants, the insurance index is based on satellite solar radiation data or ground sensors. The insured receives payouts any time that the daily Global Horizontal Irradiation (GHI) is below the insured threshold.