Our partners NESA have made an agreement with Aon Insurance to offer a letter of intent to issue the Efficacy, Systems Performance, Construction and Operational insurance with respects to all projects undertaken.
The objective being to Insure the process by which polymeric and cellulosic waste is converted into reusable hydrocarbon fractions for reincarnation as fuels, or chemicals and separating the valuable biochar for sale into existing commercial markets.
Aon has partnered with several insurers to provide efficacy and systems performance insurance including Lloyds of London. Lloyds of London is a global provider of specialty property and casualty insurance, reinsurance and managed risk solutions, rated A+ / A XV (A.M. Best/S&P). Specialty insurers have completed a risk assessment and concluded the insurability of the Technology Company technology.
The Insurance paths the ways to much easier financing of potential projects, which QS & NESA will also assist with if required, up to and including 100% of the project costs.
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