In the context of global climate change and environmental protection, the development of green energy has become a common concern of the whole society. In response to the country's strategic deployment of carbon neutrality and actively promoting green finance innovation, with the technical support and service assistance of Suzhou Friend Insurance Co., Ltd., Jinan Zhongzhi of Bohai Property Insurance Shandong Branch successfully underwrote the solar power plant to provide power generation loss compensation insurance business for the first time in the system on December 1, which not only marks a solid step in the company's risk management and green insurance business, but also demonstrates the important role of scientific and technological innovation in promoting the development of green financial products and services.
The loss of power generation compensation insurance product aims to reduce the risks faced by investors and operators of photovoltaic power plants, and ensure the stable income and long-term development of solar power plants. It not only provides protection for the risk of declining power generation for solar power plants, but also includes compensation for losses caused by equipment failure, improper maintenance, etc. When the power generation does not reach the predetermined level, the insurance company will give the power station operator corresponding economic compensation according to the insurance contract.
Through the cooperation with Friends Insurance Technology, Bohai Property Insurance is able to more accurately assess and manage the risks of solar power plants, provide customers with better insurance services, and jointly promote the healthy development of the green energy industry. In the next step, Bohai Property & Casualty Insurance will continue to explore and develop more insurance products related to green energy and carbon emission reduction, provide customers with comprehensive digital risk management solutions, and jointly contribute to the protection of the earth's environment and the realization of carbon neutrality goals.