Renew Risk Description
We offer a software platform that empowers our clients to evaluate risks and deliver tailored insurance and financing solutions for renewable energy projects. Leading the charge in offshore wind, our Renew Risk software is quickly being adapted to accommodate new asset classes as the industry experiences technological advancements. Our SaaS solution provides users with in-depth insights into risk through advanced, innovative, and patented modeling techniques. Offshore wind represents one of the most promising and rapidly expanding avenues for renewable energy globally. Nevertheless, assets in this sector are also vulnerable to severe weather events and natural disasters. We are convinced that enhancing risk analytics and modeling software is essential for the sustainable growth of renewable energy, thereby benefiting developers, insurers, and financial backers alike. As the demand for renewable energy continues to rise, our solutions will play a crucial role in navigating the complexities of risk management in this dynamic market.
Renew Risk Alternatives
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Globally, teams in risk, procurement, and compliance are under pressure to manage geopolitical risks and business risks. Third-party risks are impacted by the complexity of domestic and international businesses, as well as complex and diverse regulations. It is crucial that companies proactively manage third-party relationships. This cutting-edge platform, powered by D&B Data Cloud's 520M+ Global Business Records with 2B+ annual updates for third-party risks, is an AI-powered solution that mitigates and monitors counterparty risk on a continual basis. D&B Risk Analytics uses best-in class risk data, including alerts for high-risk purchases and match points of more than a billion. This helps to drive informed decisions. Intelligent workflows allow for quick and thorough screening. Receive alerts on key business indicators.
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60Hertz
60Hertz presents a groundbreaking O&M software platform tailored by experts in renewable energy for managing distributed energy resources. Our offline-first CMMS effectively addresses the unique challenges of overseeing rural assets, including poor connectivity and varying skill levels. This software is essential for monitoring and managing your critical off-grid assets, even under the harshest conditions. By utilizing our platform, you can enhance maintenance management, promote successful programs, and prevent performance decline along with other expensive errors. From the installation process to ongoing maintenance, our system seamlessly integrates with your existing legacy systems, ensuring operations are smooth and efficient. With 60Hertz, a woman-owned enterprise, you can save both time and money while guaranteeing your equipment is properly installed and maintained. In 2022 alone, we filed 210,000 maintenance logs and served 30 customers across 10 countries, highlighting our global reach and effectiveness. Additionally, we were honored to receive the NOAA Small Business Innovation Research (SBIR) award for our innovative weather-informed maintenance algorithms, as well as being recognized as an AWS Awardee during the 2022 GridFWD Pitch competition.
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Verisk Sequel
Verisk Specialty Business Solutions, previously known as Sequel, has established itself as a premier software provider in the industry for more than 25 years, offering effective and dependable solutions that ensure comprehensive management of both insurance and reinsurance operations. Consequently, our clients experience enhanced growth and improved business management through increased efficiency, adaptability, and robust data governance. With our dynamic software solutions and attentive support services, we have identified pathways to success. We are excited to introduce a groundbreaking offshore renewable energy module within our exposure management system, Impact, which utilizes the extensive global dataset of offshore wind farms compiled by Clarksons, the leading shipping services firm. This recent upgrade reflects our commitment to innovation, as our advanced and cohesive software suite facilitates complete management for all insurance and reinsurance entities, empowering our clients to gain a clearer perspective for sustainable business growth and management. Ultimately, our goal is to continue evolving alongside industry needs, ensuring that our clients are equipped with the tools necessary to thrive in a competitive landscape.
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Integrations
No Integrations at this time
Company Details
Company:
Renew Risk
Year Founded:
2021
Headquarters:
United Kingdom
Website:
renew-risk.com
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Product Details
Platforms
Web-Based
Customer Support
Online Support
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