Tag Archives: insured warranties

Altelium and TMK partner on first data-driven insured warranty for battery energy storage systems

We delighted to announce that Altelium has partnered with TMK to deliver the world’s first data-driven battery energy storage system (BESS) warranty programme. This new warranty programme will help accelerate growth in the battery energy storage market – a vital component in the race to reduce carbon emissions and achieve energy security. BESS enable renewable […]

Data-driven insurance and the green energy revolution

Altelium features in Energy Storage News with a headline “Data-driven insurance for batteries: An unsung hero of the green energy transition”. The article summarises an in-depth description of the role of insurance in both facilitating the green energy transition and quantifying its contribution to ESG targets, published in Vol.30 of PV Tech Power. Charley Grimston, […]

Ross Kiddie joins as North American General Manager

We’re delighted to welcome veteran of the US energy industry, Ross Kiddie as Altelium’s North American General Manager, to lead the roll out of our pioneering insurance products in support of the green energy transition across the US and Canada. In the coming months, the Biden administration will invest nearly three billion to fund battery […]

The challenges of financing a battery storage project

Many of the unexpected challenges of financing a battery storage project relate to insurance and the difficulty in either securing or renewing policies because so few companies understand the core product – batteries – with sufficient depth. Because this was such an important topic, the panel which Charley Grimston, Altelium CEO took part in at […]

AI and big tech take down the barriers to battery bankability

That insurance is key to bankability of energy assets was a key theme to emerge from London Energy Storage Summit (ESS UK). Charley Grimston, executive chairman of Altelium attended the London Summit and will be a speaker at the US Summit taking place in Austin, Texas from the 22 – 23rd March. Charley explains: “Warranty […]

Battery health: how to protect the life and residual value of your battery

Alex Johns from Altelium features on the front page of specialist title, Taxi-Point. He offers sound advice for taxi drivers and anyone who wants to protect their battery health. Before joining Altelium as business development manager, Alex was one of the first people in the UK to operate a fleet of electric vehicles, managing the […]

Announcing Altelium (North America) Inc.

We’re delighted to announce the launch of Altelium (North America) Inc. today, 7th February 2022. Incorporated in Delaware, the business will allow organisations in the US and Canada involved in the manufacture, integration or application of electric battery cells to benefit from our bespoke insurance solutions. The risk factors of Lithium ion and other electric […]

The role of insurance in supporting safe and regulated battery trade

Altelium calls on the Global Battery Alliance to add the insurance sector to its stakeholder list, as a key driver of sustainable working practices and market growth. Joint MD Charley Grimston explains the reasons why this is important to Altelium and the wider insurance industry. “We wholeheartedly welcome and support the aims of the Global […]

David Partington joins Altelium as Chief Operating Officer

We’re delighted to announce the appointment of David Partington as Chief Operating Officer at Altelium to accelerate access to our end-to-end platform and support the business’s global expansion. David has deep experience of the interface between insurance and technology. He joins Altelium from the ‘unicorn’ insurance exchange, bolttech, where he helped deliver their first ever […]

Warranties for electric fleet vehicles

While commonplace for traditional vehicles, extended warranties such as those offered by Altelium have only come on to the market very recently for electric batteries.  FleetWorld magazine discusses protecting EV battery health,  residual values and warranties as part of an interview exploring “how to avoid an electric shock when you come to sell your electric […]