STANCE partners with Vantel to strengthen coverage due diligence on renewable energy projects

Love Redin
CEO

STANCE: Renewable Risk Partners provides impartial and independent insurance due diligence and advisory to the lenders, investors and developers behind renewable energy projects.
Part of Alliant Insurance Services, the world's sixth-largest insurance broker, the team has worked on more than 1,000 renewable energy projects, representing over $80 billion in loans, and is known for solving difficult coverage problems.
With Vantel in place, STANCE's consultants compare policies, quotes and binder slips against a project's insurance requirements and across the full program.
As Anthony Retort, Partner and Co-Founder at STANCE, puts it:
As we regularly receive insurance programs from sponsors with a dozen or more binders and slips, material non-concurrencies across those documents can often be buried somewhere in hundreds of pages. In conjunction with our independent review process, Vantel gives us the ability to surface these terms, with the clause behind each one. This allows our team to more efficiently verify our conclusions, so that any insurance deviations are discussed and resolved well before a transaction closes.
Thank you to Sam Jensen, Anthony Retort, Brian Colegrove and everybody else involved; the Vantel team is looking forward to the partnership.
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