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London, 13th February 2013 – A specialist renewable energy loss adjuster was launched late last summer in order to assist insurance businesses to manage their claims from renewable energy projects. RELA, Renewable Energy Loss Adjusters is headquartered in the City of London and will serve global markets and incidents.

As the number of insurance firms entering the renewable energy sector increases, there is a growing market need for a specialist loss adjusting firm with the knowledge and connections to be able to manage claims efficiently and effectively.

With a decade of experience dedicated to the sector, RELA will cover all types of renewable energy ranging from solar, on and offshore wind, hydro, wave-tidal, bio energy and geothermal projects and will be the only true renewable specialist on the market. The services the firm will provide include loss adjusting, loss mitigation, pre-risk surveys, engineering valuations and salvage services.

“As renewable energy projects start to proliferate, often in geographies and using green energy technologies that the underwriter may be unfamiliar with, it is vital to have an expert on the ground who can manage local contractors to affect the correct repairs and mitigate losses.” said George Pooley, Head of Loss Adjusting, RELA.

“Having hired a team with a strong heritage in the renewable energy space, we believe that we can provide an enhanced value to the insureds and their financial partners via an outsourced service.”

By leveraging RELA’s expertise in the space, an insured can expect to significantly reduce the time that it takes to process a claim and get back up and running thereby protecting the financial investment. Insurers will duly be confident that any outlay reflects a correct qualification and interpretation of the subject policy.

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For more information, please contact:

Tamarindo Communications
917 310 3307
011 44 20 7193 6013

About RELA, Renewable Energy Loss Adjusters

RELA provides loss adjusting services and risk advisory services for large scale renewable energy projects for both insurers and investors. The nature and complexity of renewable energy assets requires the application of specialist expertise and experience. RELA provides its clients with a “one-stop” comprehensive, seamless and expert service for loss adjusting, loss mitigation, pre-risk surveys, engineering valuations and salvage services around the world.

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