MGA kWh offering property cover backed by Aspen
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San Francisco-based managing general agency kWh Analytics Inc. said Monday it can write up to $75 million in property coverage per renewable energy project location, backed by increased capacity from Aspen Insurance Co.
In addition to the capacity increase, kWh will have delegated authority to cover accounts comprising up to 100% of operational solar and/or battery energy storage projects and up to 50% of wind and/or construction accounts.
KwH launched its property coverage for renewal energy projects last year backed by Aspen. Four leading global reinsurers are now on the underwriting panel, kWh said.
