09 July 2012
True South Renewables Inc. (TSR), an operations and maintenance (O&M) company for solar electric facilities and a wholly owned subsidiary of Solarrus Corporation, today announces that it has entered into an agreement with the AmTrust Group of insurance carriers to provide a comprehensive insured service maintenance warranty that financially guarantees system performance, providing financial security for solar investments.
Building on TSR's Gold Shield O&M service plans, the new program will be an insured service called Total Care. The TSR Total Care solution will guarantee the performance ratio for an entire solar energy system and will provide greater assurance to the financial investors in solar projects. The Total Care solution will be underwritten by an AmTrust Group insurance carrier, rated "A" (Excellent) by A.M. Best, and one of the largest insurers of extended service plans. The program is being developed and brokered for Solarrus by Critical Period Insurance Agency, Inc.
Unlike other solar insurance products that only extend the time period or the terms of a particular component's or module's warranty, the TSR Total Care solution will incorporate an insured service maintenance warranty that guarantees the whole system meets or exceeds the generation performance for which it is designed.
The Total Care solution will only be available in the US initially, and relies on TSR's expertise in system commissioning and ongoing maintenance under the Gold Shield service program. TSR oversees solar operations and maintenance activities across North America. In the past year, TSR has opened offices in California, US; Texas, US; New York, US; and, most recently, in Ontario, Canada. For more information, visit TSR at Intersolar North America 2012 on 10-12 July at the Moscone Centre in San Francisco, California.