By Ariana Ramos | SVP Business Development
The global transition to renewable energy is moving at a breakneck pace. As federal incentives and state mandates drive the construction of solar arrays across the nation, independent agents are increasingly finding solar farm opportunities on their desks. However, many agents quickly realize that these aren’t standard property risks. When traditional admitted carriers decline a project due to its scale, location, or technology, the deal doesn’t have to die. At Telamon Insurance Network, we open the doors that standard markets close.
Independent agents nationwide partner with Telamon to solve the “unsolvable.” By bridging the gap between standard Admitted Carriers and specialized Surplus Lines—including complex international exposures—we ensure that no risk is too hard to place. When you hit a wall with a renewable energy prospect, Telamon opens a door.
The Challenge: Why Solar is a “Hard-to-Place” Risk
Solar farms represent a unique concentration of value. Unlike a standard commercial building, a solar farm consists of thousands of sensitive photovoltaic (PV) panels, specialized inverters, and often massive battery energy storage systems (BESS), all exposed to the elements. Common hurdles that stop standard carriers include:
- CAT Perils: Large-scale arrays are highly susceptible to hail, windstorms, and seismic activity. In certain regions, finding a carrier with the appetite for these “natural catastrophe” risks is nearly impossible for a local agent.
- Technology Limitations: Standard forms may not account for the specific breakdown risks of advanced tracking systems or high-capacity lithium-ion storage.
- Contractual Requirements: Lenders and project owners often require high liability limits and specific “delay in start-up” or “business interruption” wording that standard policies simply cannot provide.
The Telamon Advantage: Comprehensive Coverage Solutions
With access to a wide variety of alternative markets, Telamon provides a competitive edge that helps you meet more of your clients’ needs. We specialize in structuring programs that address the full lifecycle of a solar project:
|
Coverage Type |
What it Protects |
|---|---|
|
Operational All-Risk |
Physical damage to panels, racking, and inverters from fire, theft, or weather. |
|
Business Interruption |
Replaces lost revenue from Power Purchase Agreements (PPAs) during downtime. |
|
General & Excess Liability |
Protects against third-party bodily injury or property damage claims. |
|
Environmental Liability |
Coverage for potential pollutants or land issues during construction and operation. |
Why Independent Agents Choose Telamon
In addition to representing many major Admitted Carriers in our industry, we have appointments with numerous Surplus Lines Carriers for hard-to-place risks. Our national renown is built on our experience as an insurance wholesaler in wide-ranging industries, specifically renewable energy. We don’t just give you a quote; we provide the technical expertise to ensure your client’s solar investment is protected from the ground up.
When you partner with us, you aren’t just getting a policy—you’re getting a dedicated team that understands the nuances of international exposures and specialized markets. We help you navigate the complex underwriting requirements so you can deliver a robust, professional solution to your clients.
Don’t let a “hard-to-place” solar risk walk out the door.
Partner with Telamon Insurance Network today and turn those obstacles into new business opportunities.
For more information, contact Ariana Ramos, SVP of Underwriting.