On February 20, DAS Solar announced its collaboration with Munich Re Green Tech Solutions Team and Willis insurance broker Power and New Energy Team on PV Module Warranty Insurance.
Being the reinsurance market leader, Munich Re provides a strong backbone for DAS Solar’s PV module, enhancing the company’s credibility. Munich Re’s PV Module Warranty Policy offers a 25-year warranty for single-glass modules and a 30-year warranty for dual-glass modules, meeting international PV warranty requirements. The insurance policy largely transfers the product and performance warranty risks for the whole life cycle.
Kollsman Chan, Deputy Director of Munich Re, stressed that Munich Re assesses risk and factory quality control to ensure only manufacturers with high-quality products and trustworthy technology receive a policy. DAS Solar passed the assessment, demonstrating their dedication to quality. Kollsman wished DAS Solar commercial success through the collaboration with Munich Re.
“Willis Insurance Brokers is one of the earliest insurance brokers to establish a new energy department,” said Lv Yuxiang, Director of Willis Insurance Brokers. “Willis mainly serves first-tier PV brands and is Munich Re’s largest partner in China. In recent years, with the rapid development of the photovoltaic industry, DAS Solar has become a top-tier brand in the industry within four years. I hope we can enhance DAS Solar’s brand influence in the global market through this three-way cooperation.”
Vincent Cao, Senior Vice President of DAS Solar, said, “With Munich Re as a risk transfer partner this year, DAS Solar can dedicate more resources to improving our products and services. Both DAS Solar’s regional and international clients will benefit from the insurance provided by Munich Re.” In the future, DAS Solar will continue to expand its footprint and develop more high-quality and high-efficiency PV products to support international clients.
