Tailor-made Insurance Solutions for Battery Energy Storage Systems (BESS)
As the global energy transition accelerates, energy storage has become a critical enabler of renewable energy deployment and grid stability. At REIB, we specialize in providing comprehensive insurance solutions for Battery Energy Storage Systems (BESS), offering protection at every stage of the asset lifecycle.
Why Choose REIB for Energy Storage Insurance?
Our expertise lies in understanding the complex risk landscape of energy storage projects. With a proven track record in the Balkans and Europe, we are the first insurance brokers in Bulgaria to deliver tailored products specifically for BESS, covering a wide range of technical, operational, and financial risks.
Proven expertise: We have insured MWh-scale energy storage systems in the region, partnering with leading developers, investors and EPC contractors.
Local and international insight: Deep knowledge of regulatory frameworks and technical standards in emerging and mature energy markets.
Responsive claims handling: In partnership with our claims experts and loss adjusters, we ensure prompt and fair settlements.
We provide insurance protection for around 1GWh capacity of Battery Energy Storage Systems worldwide.
At REIB, we go beyond conventional insurance. We offer comprehensive risk management strategies, covering the specific risks unique to BESS. These include physical damage to battery cells and inverters, fire and thermal runaway events, and business interruption (BI) resulting from equipment failure or grid downtime. Our tailored solutions are designed to protect your assets and secure your revenue streams throughout the lifecycle of your energy storage project.
Whether you're developing, building, or operating a Battery Energy Storage System, REIB provides the insurance expertise you need to mitigate risk and secure your revenues. Our team is here to help you navigate the complexities of energy storage insurance, ensuring your projects are protected today and in the future.
Contact us today to discuss how we can support your next storage project.