ET Solar Group Corp. – a Nanjing, China-based solar farm EPC provider and integrated manufacturer of photovoltaic products including ingots, wafers, modules and dual-axis tracking systems – now provides product liability insurance coverage for its PV module customers worldwide.
Arranged by Aon, a New York-based insurance brokerage firm, the coverage is provided by Huatai Insurance Co., and ACE is the single largest shareholder. ACE, whose financial risking is A+ by Standard & Poor's, is an insurance and reinsurance provider incorporated in Switzerland.
The cover includes both bodily injury and property damages caused by PV modules sold, supplied and distributed to ET Solar's customers with what the company says is a very sizeable compensation limit. Claims can be directly filed at ACE's overseas offices in or closest to the claimants' geographies. Renewable every year, the global policy provides an immediate coverage for the next 12 months.
SOURCE: ET Solar Group
