About this virtual "lunch and learn"
Who is presenting?
Jon Previtali is the vice president and senior principal engineer at VDE Americas overseeing the company's hail risk intelligence. He is a 20-plus-year veteran of the solar power industry who has worked in project development, operations, asset management, finance, and engineering.
Marco Petrilli is a licensed engineer with 20 years of risk and design experience. He is an integral part of TÜV SÜD GRC’s Natural Hazards Group, which works on multi-peril risk assessment and mitigation, emergency response planning, damage assessment, and reconstruction.
Ian Liu is client executive for TÜV SÜD GRC, the world’s leading provider of unbundled property risk engineering services. He leads a risk engineering team for book of business primarily focused on power generation and renewable energy.
Why is this important?
Though hail accounts for more than 50% of insured solar project losses, this is not the only high-hazard peril that affects solar project risk and insurability. For a holistic understanding of asset-level risk exposure, natural catastrophe models must also characterize the perils associated with earthquake, wind, flood, and wildfire exposure.
Integrated natural hazard risk reports for solar projects support better-informed design, procurement, and operational decisions—helping project stakeholders improve resiliency through equipment selection and operational best practices. These risk reduction strategies can also lead to more favorable insurance terms by increasing offered capacity or reducing premiums.
Whether you're a risk manager, insurance professional, solar developer, or property owner, this hail season workshop will provide valuable insights into protecting your assets from all major catastrophic events while optimizing your insurance program costs and coverage.
What will you learn?
- What's involved and included in a natural hazard analysis
- Insurance industry risk assessment metrics and models
- How hail risk compares to other natural hazards
- Multi-peril solar project PML report interpretation
- How integrated PML reports impact insurance premiums
- Strategies for optimizing insurance coverage and deductibles
- Best practices for risk mitigation and loss prevention
