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Jon Foley joins Sciemus as Non-Executive Director in March 2013...
Read MoreNeil Prior to join Sciemus as Managing Director of Power in March 2013...
Read MorePrior to the loss, Sciemus analysis quantified the probability of...
Read MoreSciemus insurance services provide a unique and objective understanding of risk at both component part, turbine and farm level, enabling identification of risk critical areas with the objective of:
Sciemus have designed a range of products catered to the needs of insurers, stakeholders and other risk specialists wind power assets.
Underwriting risk reviews contain all relevant analysis to assess the quantified risk of a wind turbine or farm at component, operational and turbine level. This will include the operators history, a turbine or farm overview detailing values, average sum insured, days on risk, insurance policy comment, turbine technical risk rating, key component risk identification, technical issues and underwriting recommendations.
Insurance Programme Design assists in the structuring of conventional property insurance coverage for the most effective risk transfer. Sciemus can also establish changes to the amount of risk contained within each portion of the programme if deductibles are increased/decreased – this is not a linear relationship as one might expect due to the changes to risk profile from applying policy wide deductibles to specific components – particularly critical if multiple technologies are present on a single risk. The entire outage profiles of each farm can be analysed in order to specify: