/power/renewable/2010/09/stuckey-__company.html
Stuckey & Company introduces an insurance program for the renewable energy
sector September 9, 2010 Source: Stuckey & CompanyAs the Renewable Energy
industry grows and becomes a major source of this country's power
requirements, an increasing number of companies require an insurance program
specializing in energy segments. Element, A Green Insurance Program from
Stuckey & Company, provides a tailored solution with broad coverage for a
wide array of classes. The Element Program's coverage options can address
both simple and complex needs of companies engaged in each stage of the
industry value chain, from research and development; manufacturing; transit;
construction; installation; and power generation. This top-quality program
offers Property, General Liability, Professional Liability, Workers
Compensation, Umbrella and Inland Marine, all from an A+XV Rated Carrier.
Deductibles for Property insurance range from $250 to $25,000, and insured
may select Replacement Cost or Actual Cash Value. General Liability has been
tailored to the needs of an emerging industry class to include Product
Recall and Replacement Coverage. And Professional Liability can include
electronic media liability, network operations security liability and
coverage for computer products and services. Coverages can include a
renewable enhancement package; power equipment insurance; equipment
breakdown; and "Green Valuation" upgrades. Element is Stuckey & Company's
most recent program launch, although the company has 20 years experience in
specialty programs and commercial lines insurance. Stuckey & Company is very
familiar with the specialized insurance requirements of high-tech companies
and emerging technologies. While some insurers view renewable energy
businesses only as power generation risks, Stuckey & Company has analyzed
the risks and opportunities across the entire value chain. The Element
Program offers comprehensive insurance solutions for start-up, young and
growing, and mature entities engaged in renewable energy, including those in
the solar, wind, geothermal, biomass and hydroelectric markets. As Federal
stimulus dollars support new Green Energy projects – and as global energy
demand increases export opportunities for US-based energy companies, the
Element Program is ready to respond. Dwight Stuckey, President and CEO of
Stuckey & Company, says he is proud to be one of a very limited number of
companies offering this forward-thinking insurance program. "The Element
Program is helping to support the people, companies and innovation that
drive the American dream of clean, renewable energy to power our future," he
says. "From the critical R&D companies looking at next generation
technologies and energy efficiency, all the way through the generation,
transportation and wholesale delivery of energy from renewable sources." The
Element Program is available to independent agents who register with Stuckey
& Company as a licensed agent. (Agents can register online at Stuckey &
Company's web site.) Stuckey & Company has in-house binding authority on all
lines that qualify, and offers quick turnaround on quotes. The program is
licensed in all 48 mainland states. For more information, visit Stuckey &
Compay's web site. Stuckey & Company is a specialty insurance provider based
in Lake St. Louis, Missouri. For 20 years, Stuckey has offered commercial,
professional and personal lines of insurance. Most
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