{"id":17342,"date":"2021-11-30T14:54:00","date_gmt":"2021-11-30T14:54:00","guid":{"rendered":"http:\/\/www.res-group.com\/?p=17342"},"modified":"2023-08-27T14:56:06","modified_gmt":"2023-08-27T13:56:06","slug":"reducing-asset-insurance-costs-by-10","status":"publish","type":"post","link":"https:\/\/www.res-group.com\/au\/resources\/case-study-au\/reducing-asset-insurance-costs-by-10\/","title":{"rendered":"Reducing asset insurance costs by 10%"},"content":{"rendered":"\n<p>Insurance is a fundamental protection for renewable energy asset owners and investors. In a market with a revolving door of contractors and insurance premiums that have risen by 30-40%, it\u2019s important to have a team that knows your project in depth and can accurately communicate with insurers to reduce your costs.<\/p>\n\n\n\n<p>An Australian RES asset management team recently demonstrated this, communicating their extensive knowledge of the asset to insurers. RES assisted the insurers in gaining a clearer and measured appreciation for key risks with:<\/p>\n\n\n\n<p>\u2022 a proven track record of state-of-the-art asset monitoring from our 24\/7 Control Centre;<\/p>\n\n\n\n<p>\u2022 a dedicated team of wind performance experts with in-depth plant knowledge;<\/p>\n\n\n\n<p>\u2022 strategies for improved availability; and<\/p>\n\n\n\n<p>\u2022 forward-looking business plans.<\/p>\n\n\n\n<p>The industrial special risk insurance came through under budget by 10% \u2013 a significant saving that was gratefully received by our clients and their investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insurance is a fundamental protection for renewable energy asset owners and investors. In a market with a revolving door of contractors and insurance premiums that have risen by 30-40%, it\u2019s important to have a team that knows your project in depth and can accurately communicate with insurers to reduce your&#8230;<\/p>\n","protected":false},"author":1,"featured_media":17245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[364],"tags":[],"region":[342],"content_type":[436],"class_list":["post-17342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-management-au","region-australia-au","content_type-case-study-au"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reducing asset insurance costs by 10% - RES<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.res-group.com\/au\/resources\/case-study-au\/reducing-asset-insurance-costs-by-10\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reducing asset insurance costs by 10%\" \/>\n<meta property=\"og:description\" content=\"Insurance is a fundamental protection for renewable energy asset owners and investors. 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