AIG Risk Finance is developing System Performance Insurance to address the technology-based performance exposure of new alternative energy projects. This insurance is designed to help owner –operators respond to banks and investors who seek to protect their investment against the risk that a deficiency in the design of the technology will result in the underperformance of the facility, as measured by post-construction acceptance tests. If such performance deficiencies occur, System Performance Insurance protects the insured from financial loss.
The insured can use the insurance proceeds to service the outstanding debt shortfall that resulted from such failure, and/or make system modifications intended to improve performance up to specified acceptance test levels.
Alternative Energy System Performace Insurance (.pdf)
Pamphlet introducing the Alternative Energy System Performance Insurance and its key features and potential benefits.
Profile of AIG Risk Finance® (.pdf)
An overview AIG Risk Finance capabilities focusing on programs and potential benefits.
AIG Risk Finance® Product Guide (.pdf)
An overview of the potential benefits and features of the innovative programs available through AIG Risk Finance.
System Performance Insurance Coverage Application (.pdf)
Application form for System Performance Insurance Coverage (U.S. only).
