As an independent asset manager, Quintas Energy is focused on ensuring that each project has the best insurance coverage on the market to guarantee the asset’s viability. The Insurance team also strives to reach the optimum return from any potential claim against third parties (such as EPCs, O&Ms, vandalism, thefts, etc.).
The insurance team sits in the legal department, where it has specialised in the analysis and management of insurance for renewable energy assets. This team adds value for clients by benchmarking terms against broad market references, ensuring that coverage is adapted to the real needs of the assets.
Quintas Energy is also experienced in running tenders and improving claims procedures in all the markets where it is present. The in-house Insurance team is made up of experts from various backgrounds, namely legal, technical and financial. Each member of the team has extensive knowledge and experience in dealing with insurance claims, whether for technical, regulatory or even non-proprietary reasons. Quintas acts as the main client liaison with insurers, offering advice when submitting a final claim or when dealing with policy renewals and other required actions.
The in-house Contracts Dashboard included in Ariadne web portal aggregates all contractual information precisely prepared and reviewed by Quintas Energy’s lawyers. This offers a great overview on Insurance policies and their coverage, their main relevant dates and details about third parties the projects need to fully operate.
QE Ariadne – Contracts Dashboard