Global Risk Consultants Corp. (GRC), a supplier of unbundled property danger engineering providers, and danger mitigation specialist VDE Americas are partnering to combine VDE’s hail possible most loss (PML) analytics into GRC’s complete Pure Hazards danger evaluation studies for the solar energy trade.
“This strategic partnership delivers a robust resolution and a broader service outreach to our shoppers having solar energy amongst their property, to assist navigate more and more extreme convective storm climate occasions,” mentioned Greg Bates, president and CEO of GRC. “By incorporating VDE Americas’ specialised hail danger evaluation capabilities into our Pure Hazards danger engineering providers, we’re offering our solar energy shoppers with much more full and actionable danger mitigation insights in hail-prone areas.”
The improved Pure Hazards danger evaluation studies will mix GRC’s 67 years of worldwide, impartial property danger consulting expertise with VDE’s proprietary hail danger modeling experience. VDE’s methodology integrates radar and ground-based meteorological information with the hail resilience traits of particular venture gear to ship extremely detailed, site-specific monetary loss estimates.
“Our hail danger know-how was purpose-built to deal with the catastrophic losses we’ve witnessed within the photo voltaic trade,” mentioned Brian Grenko, president and CEO of VDE Americas. “Partnering with GRC permits us to increase our impression and assist extra organizations quantify and mitigate hail danger — which now represents over 50% of complete insured losses within the photo voltaic sector, regardless of accounting for lower than 2% of claims by quantity.”
This partnership strengthens a shared dedication to data-driven danger administration and danger switch finest practices. The built-in Pure Hazards PML danger studies help better-informed design, procurement, and operational selections — serving to venture stakeholders enhance resiliency by gear choice and finest practices like “hail stow” tracker positioning. These danger discount methods may result in extra favorable insurance coverage phrases, together with probably larger capability being supplied, and premium reductions.
Information merchandise from GRC
Trending Merchandise
