Enhanced Insurance Coverage with Continuous Battery Monitoring
Investing in battery energy storage systems (BESS) and electric fleets is accompanied by uncertainty about performance, safety, and long-term value retention. Limited visibility into the real state of battery health, results in higher premiums, increased risk exposure, and uncertain asset valuation. Continuous battery monitoring provides the data-driven clarity needed to proactively assess and manage risk.
Benefits
Reduce financial and insurance risk with early failure detection.
Improve underwriting and investment security with data-driven risk assessment.
Strengthen coverage and financing terms with independent battery data.
Secure asset value with continuous performance tracking.
Insurance-Ready Reporting
Our custom reports provide investors, insurers and banks with the transparency needed to assess and manage risks effectively.
- Key risk indicators
State of health (SoH), efficiency and availability
- Independent performance validation
Ensuring reliable data beyond OEM systems
- Compliance & risk reduction
Supporting insurance premium reductions and favorable financing terms
With transparent and standardized battery reports, you can confidently engage insurers to optimize coverage and reduce costs.
Comprehensive Approach to Safety Management
Early Anomaly Detection
- Proactive failure detection
- Predictive maintenance
- Maximum uptime availability
Beyond BMS Capabilites
- Machine learning algorithms
- Peer group comparisons
- Trouble-shooting recommendations
Independent Monitoring
- Integration of multiple vendors
- Data consolidation
- Independent data analysis
FAQ around Insurance
We do not work with just one insurer, we collaborate with a variety of insurance companies, particularly those with expertise in battery technology. These include insurers that act as lead underwriters in consortia. Our goal is for your trusted insurer to recognize and reward the risk mitigation impact of our battery monitoring solutions. Don't hesitate to contact us. We are happy to engage with your insurer and insurance broker.
Boris Tawakkoli, CFA
Head of Insurance and Strategic Partnerships
Let’s Discuss How Battery Monitoring Can Optimize Your Risk Management.
Enhance safety management for your BESS or EV projects with independent battery diagnostics. We collaborate with insurers to develop competitive coverage terms.
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