ET Solar Group Announces Worldwide Product Liability Insurance Coverage
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Mon, 06 Jul 2009 01:50:39 GMT |
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ET Solar Group Corp. |
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NANJING, Jiangsu, China, July 5 ET-Solar-Insurance
NANJING, Jiangsu, China, July 5 /PRNewswire-Asia/ -- ET Solar Group Corp.
("ET Solar"), a Nanjing-based solar farm EPC provider and integrated
manufacturer of photovoltaic ("PV") products including ingots, wafers,
modules, and state-of-the-art dual-axis tracking systems, announced immediate
provision of product liability insurance coverage for its PV module customers
worldwide.
Arranged by Aon, world's top insurance brokerage firm headquartered in New
York, the cover is provided by Huatai Insurance Company in which the global
insurance giant ACE is the single largest shareholder. ACE, whose financial
risking is A+ by Standard & Poor's, is a leading insurance and reinsurance
provider incorporated in Switzerland and listed on NYSE. The firm operates in
more than 50 countries worldwide with a strong presence in Europe & North
America.
The cover includes both bodily injury and property damages caused by PV
modules sold, supplied and distributed to ET Solar's customers with a very
sizeable compensation limit. Claims can be directly filed at ACE's overseas
offices in or closest to the claimants' geographies. Renewable at every
anniversary, the global policy provides an immediate coverage for the next
twelve months.
Commenting on the news, Dennis She, Vice President and Global Sales
Officer of ET Solar, said: "We are very delighted to provide our customers
with a broad range of value added services and incentives that include local
technical and after sales service support in Europe and North America, working
capital financing solutions, speedier shipment from in-country warehouses, and
product liability insurance as we expand our customer base in our key markets
rapidly. In addition to product liability insurance, we are at advanced stages
in working with top Chinese insurance companies on product warranty insurance
coverage that we expect to offer in the next few months."
For more information, please contact:
Amanda Xu
Media Assistant
Marketing Dept
ET Solar Group
Tel: +86-25-8689-8096 x9017
Fax: +86-25-8689-8097
Email: amanda.xu@etsolar.com
Web: http://www.etsolar.com
SOURCE ET Solar Group Corp.
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