Michael Bogdan

Michael Bogdan, a Partner at Lockton with expertise in renewable energy risk, shares invaluable insights into the evolving insurance landscape for battery energy storage. He discusses recent fire incidents, like Moss Landing, and their impact on underwriting practices. The conversation covers how insurance plays a crucial role throughout the asset lifecycle, the importance of developing tailored coverage for emerging technologies, and why securing insurance early is vital for project success. It's a must-listen for anyone involved in energy storage.

Michael Bogdan, a Partner at Lockton specializing in renewable energy insurance, shares valuable insights on the evolving landscape of battery energy storage. He discusses the implications of the Moss Landing fire on risk management and how insurance practices are adapting. The conversation highlights the importance of comprehensive coverage throughout a project's lifecycle, particularly as technology advances. Additionally, Bogdan explains why early engagement with insurance advisors is essential for developers to navigate the complexities and secure project financing.