Desq

We are thrilled to announce the appointment of Sam Kramer as the new CEO of Desq. Sam brings a wealth of experience and a proven track record of success across various sectors including (re)insurance, investment banking and consulting, making him an excellent fit for our company. His vision and strategic insights will be invaluable as we continue to grow, innovate, and expand our partnerships.  USQRisk #innovation #mga #talentacquisition

[Spoiler Alert: if you want to know what a large battery storage facility looks like, open the linked NYT article] The New York Times article is a timely explanation of the proliferation of utility-scale battery storage installations in the U.S. Battery energy storage has developed in the past few years from a means of delivering ancillary services (stop-gap power during service lags and interruptions) to a critical tool in stabilizing grid capacity accompanying increased reliance on renewable energy sources. Indeed, states like California are increasing their mandate for battery storage to support their goals for low or zero-carbon energy growth. As with all emerging technology, reliable, rationally priced financing is required to enable its implementation. USQRisk and Ascend Analytics have joined forces to make the financing of these installation more achievable by developing a revenue protection insurance product that offers developers and lenders increased revenue certainty. My colleagues and I are proud to meaningfully participate in the green energy transition effort.

Check out “Addressing Risk & Preserving Profitability in the Storage Sector”: https://bit.ly/3GpBbIy     Panelists Ken-Ichi Hino, Executive Director of Energy Storage at UBS, Christopher Giuffre, Chief Strategy Officer at USQ Risk, and Andrew Galen, Renewables Strategies at Nephila Climate identify the need to manage concentrated exposure as a significant challenge due to the scarcity of capacity, geographic and structural variability, and the need for inherent diversification.    Download the Summit 2023 eBook: https://bit.ly/3Ta97jO #batterystorage #AscendSummit2023 #renewableenergy #risktransfer #revenueinsurance #energytransition

On this episode of The Insuring Cyber Podcast, Jeffrey Batt, chief underwriting officer and head of cyber at Pera - a newly launched program at USQRisk - discusses how cyber insurers can navigate the risk landscape in 2024. Later on the episode, Yasir Andrabi, global head of insurance strategy and growth at global professional services firm Genpact, shares some practical use cases for AI in insurance, and Dustin Ping, associate at Silicon Foundry, talks about how model benchmarking can help insurers implement and scale AI tools across their business. Check it out! #IJInsuringCyber https://lnkd.in/ezEeAGdG