SGS and RSA - Leaders in their field of expertise are working together in the wind energy market
Released on: October 13, 2008, 1:35 am
Press Release Author: SGS Industrial Services
Industry: Industrial
Press Release Summary: SGS, the global leader and innovator in inspection, verification, testing and certification services, and RSA, the insurance expert are now offering a one-stop solution to clients.
Press Release Body: Wind turbine manufacturers, wind farm owners and utility companies often face risks in wind farm projects such as material damage, and lack of availability, which lead to financial losses.
As a result of their partnership, RSA and SGS are able to improve owners' internal rate of return on investment via risk minisation, and adequate insurance cover with fair premiums for all wind farm projects, from the project planning stage through to the operations.
SGS Industrial Services is a global presence offering independent inspection, verification, testing, and certification services for onshore and offshore wind farm projects. In the planning phase, SGS carries out site assessments and site specific design verification of wind turbines and foundations.
SGS is the reliable partner not only for the design of wind farms, but also for life the cycle of a wind farm. SGS provides independent project inspection services by carrying out wind farm project certification services, which consist of design basis & site assessment (due diligence), site specific design of wind turbine and foundation, manufacturing surveys and supervision, installation monitoring and supervision - which include marine warranty surveys - commissioning monitoring and supervision, and in-service maintenance management.
SGS clients can enjoy reduced exposure to loss and damage as well as mitigate the loss of earnings as a result of failures and accidents in the farms.
RSA is a leading multinational insurance group that has helped clients to protect themselves against risk for nearly 300 years. RSA is also a leading renewable energy insurer with an in-depth understanding of the renewable energy industry. RSA has provided insurance coverage on onshore wind turbines for over 30 years and offshore wind farms for over 15 years. RSA offers an efficient claims service with specialist engineers and loss adjusters focusing heavily on risk management/control and speedy claims resolution.
The partnership between SGS and RSA minimises failure rates in operational onshore and offshore wind farms, maximises the owner's internal rate of return on investment and also benefits project owners, and financiers who have considerable stakes in wind energy projects.
Web Site: http://www.sgs.com/wind
Contact Details: SGS Group Management Industrial Services Dr. Jan Behrendt Ibs Global Director, Renewable Energy
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