Category Archives: News

Understanding and appreciating risk in battery storage projects

What are the main concerns insurers have when looking at battery storage projects? Altelium’s energy insurance experts Ross Kiddie and Charley Grimston feature in Energy Storage News, discussing this important topic. “Recent high-profile thermal runaway incidents in the US and Australia have brought to the fore the need for understanding and appreciation of the risks […]

Assurant partners with Altelium to advance battery electric vehicle protection and products

We’re delighted to announce today the partnership between Assurant and Altelium to advance battery electric vehicle protection and products through accelerated EV battery analytics & consumer insights. The partnership bolsters Assurant’s ability to offer products like Assurant EV One Protection℠  by combining real-time battery and actuarial data with enhanced modeling and AI from Altelium. Assurant, […]

Energy systems engineering putting humanity in data

What will increasing numbers of women in data mean for renewable energy solutions?  Amy Anderson, Energy Systems Engineer, Altelium In a data-driven future it is critical that those analysing, interpreting, and acting on the insights it brings reflect the diversity of communities it represents or risk inherent bias in impact.  The energy problem we face […]

Battery leasing – baking in problems or better care of resources?

Altelium’s Business Development Manager, Alex Johns, considers if through battery leasing, we’re baking in problems for the future or taking better care of resources? It would seem incredibly odd to buy a petrol or diesel car, with the engine itself leased to you separately.  The car buyer in this situation might think this means the […]

COP27 corporate environmental transparency

COP27 discussions have focussed on transparency under the banner  “Together4Transparency” including discussion of “the role that information plays in reducing risks and uncertainties in order to attract financial support for action”. More details of the discussion can be found in the article from the UN: Transparency and Accountability Underpin Effective Climate Action Insurance supports action […]

Unlocking insurance expertise

Ross Kiddie is the General Manager of Altelium North America.  He joined Altelium in Spring 2022, bringing a wealth of relevant experience from his roles such as CEO of energy software firm Envinta, and President of EK&S Energy Products. In this blog post, Ross describes his deep sector experience, and tells the story of why […]

How active insurance helps the EV market

Altelium offers active insurance for batteries, where our EV warranty programme helps extend the life of a vehicle battery by providing the owner or fleet manager with insights and feedback to maintain optimal battery health. Why is this so important to the clean energy transition? The EV sector is already hyper stimulated with demand outstripping […]

The U.S. Inflation Reduction Act

We salute the U.S. Senate for its bipartisan Inflation Reduction Act and clean energy package which is going to stimulate manufacturing and retail of sustainable energy products. Altelium provides insurance and warranties for the battery market, whether in vehicles or in energy storage. We understand the huge emissions savings which sustainable energy delivers compared with […]

EV battery data, warranty health for fleet managers

A key issue for EV fleet managers is how to protect the residual value of their fleet.  In the case of EV’s this is first and foremost about protecting the health of the vehicle’s battery.  In the July issue of Fleet News, this crucial issue is explored by Andrew Ryan in an article entitled ‘Talking […]

Aerospace engineer Amy Anderson joins Altelium

Aerospace engineer and PHD student, Amy Anderson joins battery data insurtech company Altelium as Data Scientist. Whilst completing the final stage of her PHD, which is focused on modelling power energy patterns, Amy will focus on battery behaviour and predictive modelling as part of the team at Altelium. Amy’s unique blend of academic and industry […]