Global Risk Consultants Corp. (GRC), a supplier of unbundled property threat engineering providers, and threat mitigation specialist VDE Americas are partnering to combine VDE’s hail possible most loss (PML) analytics into GRC’s complete Pure Hazards threat evaluation reviews for the solar energy trade.
“This strategic partnership delivers a strong answer 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,” stated Greg Bates, president and CEO of GRC. “By incorporating VDE Americas’ specialised hail threat evaluation capabilities into our Pure Hazards threat engineering providers, we’re offering our solar energy shoppers with much more full and actionable threat mitigation insights in hail-prone areas.”
The improved Pure Hazards threat evaluation reviews will mix GRC’s 67 years of worldwide, unbiased property threat consulting expertise with VDE’s proprietary hail threat modeling experience. VDE’s methodology integrates radar and ground-based meteorological knowledge with the hail resilience traits of particular venture gear to ship extremely detailed, site-specific monetary loss estimates.
“Our hail threat know-how was purpose-built to deal with the catastrophic losses we’ve witnessed within the photo voltaic trade,” stated Brian Grenko, president and CEO of VDE Americas. “Partnering with GRC permits us to broaden our influence and assist extra organizations quantify and mitigate hail threat — which now represents over 50% of whole 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 threat administration and threat switch greatest practices. The built-in Pure Hazards PML threat reviews help better-informed design, procurement, and operational choices — serving to venture stakeholders enhance resiliency by gear choice and greatest practices like “hail stow” tracker positioning. These threat discount methods might also result in extra favorable insurance coverage phrases, together with doubtlessly higher capability being supplied, and premium reductions.
Information merchandise from GRC
