Solidarity Bahrain launches Solar Panel Insurance Product

Solidarity Bahrain launches Solar Panel Insurance Product

As part of its commitment towards maintaining a sustainable environment through Environmental, Social, Governance standards (ESG), Solidarity Bahrain one of the largest insurance companies in the Kingdom of Bahrain and a subsidiary of Solidarity Holding Group BSC, has recently launched its Solar Panel Insurance Product to fulfill the new market requirement of sustainable and renewable energy.

It is worth mentioning that the Solar Panel Insurance product is the first of its kind in Bahrain. This initiative aims at supporting the Kingdom’s drive for sustainable and clean energy as outlined in Kingdom of Bahrain vision 2030. The Solar Panel Insurance provides peace of mind for business owners as well as homeowners against several perils including fire, theft, strike riot and malicious damage, public liability, and breakdown.

Commenting on the announcement, Yasmeen Ameeri, Senior Manager, stated: “We are glad to offer the Solar Panel Insurance Product, which is in line with the Kingdom’s directives towards sustainable and renewable energy and the increase in the capacity of solar power units in Bahrain. This product is designed and priced at a reasonable amount of premium to support spreading the awareness of the importance of alternative solutions which contribute to safer, cleaner, and sustainable environment”.

For more information, or to avail the policy, visit solidarity.com.bh, or contact 1713 0000.