Power.Energy.Risk (PER), a Ryan Specialty Group managing general underwriter focused on renewable energy, has expanded their overall capacity offering and renewed important market relationships for an 11th year.
With its new capacity, PER can write limits of up to $400 million per project, with an extensive group of highly regarded carriers.
PER was founded by Ryan Specialty in 2011 and provides property and casualty cover for renewable energy and power production facilities.
The managing general underwriter can write all renewable energy industries, with a primary focus on wind, solar, and battery storage.
Michael Bernay, CEO of PER, commented: “We are very excited to have expanded our capacity and renewed our strong list of capital providers.
“These carriers join PER in our commitment to support the growth of renewable energy on a global basis.
“We are very proud of the fact that such well-regarded markets provide us the authority to meet the insurance needs of our long-time brokers and their clients in this evolving space.”
