Skyward Specialty Expands Renewable Energy Coverage Solutions
October 02 2024 - 7:30AM
Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward
Specialty" or "the Company"), a leader in the specialty property
and casualty (P&C) market, announced the expansion of its
renewable energy solutions.
As the renewable energy market continues to
experience unprecedented growth, the need for specialized risk
management solutions becomes increasingly important. However, many
of these risks remain underserved by conventional coverage
options.
"The rising demand for renewable energy creates new
opportunities for the specialty market to respond," said Rob
Roberts, president of Energy at Skyward Specialty. "Our team of
industry experts bring deep industry knowledge and are
well-equipped to develop strategies and apply best-in-class
underwriting to tackle the needs of this dynamic market
opportunity."
Skyward Specialty's expanded renewable energy offering now
includes casualty coverage options targeting various renewable
energy classes, including solar, wind, hydroelectric, biomass, and
geothermal, providing tailored solutions for businesses in these
sectors.
Roberts continued, "Today, we serve this market in different
capacities across several of our underwriting units, so we are
excited to expand the Company's renewable energy offering, further
diversifying our energy portfolio and aligning with our strategy to
deliver innovative, customized solutions to the most specialized
markets."
About Skyward SpecialtySkyward Specialty is a
rapidly growing and innovative specialty insurance company,
delivering commercial property and casualty products and solutions
on a non-admitted and admitted basis. The Company operates through
eight underwriting divisions -- Accident & Health, Captives,
Global Property & Agriculture, Industry Solutions, Professional
Lines, Programs, Surety and Transactional E&S.
Skyward Specialty's subsidiary insurance companies consist of
Houston Specialty Insurance Company, Imperium Insurance Company,
Great Midwest Insurance Company, and Oklahoma Specialty Insurance
Company. These insurance companies are rated A (Excellent) with
stable outlook by A.M. Best Company. For more information about
Skyward Specialty, its people, and its products, please
visit skywardinsurance.com.
Media ContactHaley DoughtySkyward Specialty
Insurance Group713-935-4944hdoughty@skywardinsurance.com
Investor ContactNatalie
SchoolcraftSkyward Specialty Insurance
Group614-494-4988nschoolcraft@skywardinsurance.com
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