kWh Analytics shortlisted for two Program Manager Awards

kWh Analytics is thrilled to announce that the company has been shortlisted for two prestigious Program Manager Awards – Program Launch of the Year and Innovation in Programs. These awards recognize excellence and innovation in the insurance industry, and being named a finalist is a testament to the hard work and dedication of the team in developing cutting-edge risk management solutions for the renewable energy sector.

The nomination for Program Launch of the Year highlights the successful launch of a Property Insurance program for renewable energy assets in partnership with Aspen Insurance. By leveraging a proprietary database of over 300,000 renewable energy assets and $80bn of loss history, kWh Analytics is able to bring much-needed capacity and sophisticated risk assessment to a rapidly growing industry facing challenges from recent natural catastrophe losses.

The Innovation in Programs award shortlisting recognizes the pioneering development of the Renewable Energy Adjusted Loss (REAL) model. This model represents a crucial advancement for the sustainable growth of the renewables industry, enabling carriers to insure projects commensurate with true risk profiles and rewarding asset owners for implementing resilience measures. By combining unparalleled data and analytics capabilities with deep renewable energy expertise, kWh Analytics encourages the industry to better manage risk in the face of climate change.