TWAICE and NARDAC Announce Partnership to Improve Insurance Terms with Battery Storage Analytics

MUNICH and LONDON, June 12, 2024 (GLOBE NEWSWIRE) — TWAICE, the leading provider of battery analytics software, and NARDAC, the specialist energy and infrastructure broker and MGA, have partnered to enable improved insurance coverage for battery energy storage system (BESS) asset owners, investors, and lenders.
Since 2018, TWAICE has been leading the field of predictive battery analytics, meeting the demand for safe, durable, and highly available energy storage assets. TWAICE provides advanced software solutions for designing, validating, and operating batteries at scale, combining deep battery knowledge with artificial intelligence to generate actionable insights. While Battery Management System (BMS) providers offer basic monitoring capabilities, TWAICE exceeds the traditional service by providing advanced analytics that uncover hidden patterns and anomalies to optimize battery performance and lifespan. As an independent third-party, TWAICE ensures unbiased recommendations, free from ties to specific insurance companies, manufacturers or vendors.NARDAC is a specialty wholesale, reinsurance broker, and Managing General Agency (MGA) that offers a unique combination of technical resources to successfully navigate the challenging and ever-evolving risk and insurance landscape.Justin Williams
Trevi Communications for TWAICE
[email protected]
+1 (978) 539-7157
(GlobeNewsWire)