By Cameron Chai
ET Solar Group, a supplier of solar photovoltaic one-stop solution, has reported that insurance solutions from ERGO Insurance Group (ERGO) have been adopted for sale of the company’s module and system in key solar markets.
Wills, a global insurance brokerage company, has been the agent for the captioned insurance package. The package encloses all risks such as loss or damage of insured asset because of burglary, looting, robbery and theft for projects, which utilize modules from the company, as well as property destructions.
The insurance can possibly be expanded by ERGO for the system proprietors, who own power plants, as well as the sale of solar modules. ET Solar offers solar modules for those power plants.
ERGO is a main insurance firm and is a part of the Munich Re Group. The company has more than 40 million clients and offers an extensive range of insurance products.
According to ET Solar’s CEO and President, Mr. Dennis She, the partnership between the company and ERGO has shown efforts that are continuously taken to create value for the customer. ET Solar has positioned itself as one of the key providers of solar module and globally expands its own system business, she stated.
ET Solar has been the supplier of solar modules, PV balance of system parts and turnkey solutions services to the consumers in more than 50 countries.