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SIACI SAINT HONORE and ALLIED enters partnership to launch the “s2h energy risk - MAINTAINED AVAILIBILITY ™ platform”

Paris, January 8th, 2019

ALLIED and SIACI SAINT HONORE enters partnership to launch the “S2H ENERGY RISK - Maintained Availabilitytm Platform” onto the french market.

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SIACI SAINT HONORE, one of the leading providers of brokerage and consulting services, and Allied Holdings and Consultants Ltd, signed a Letter of Agreement to market and create the “S2H Energy Risk – Maintained Availability TM Platform” (M.A) for their clients in France, and French Overseas Territories.

SIACI SAINT HONORE, one of the leaders in brokerage in France, and first provider in Construction Insurance will offer to its clients a new tailor-made solution with their M.A Platform.
 
Maintained Availability™ is an agreed process of due-diligence that assesses both technical and financial risk from a lender’s perspective in connection with mechanical technologies including new and relatively unproven technologies and guarantees the long-term performance of projects using those technologies. The process of due-diligence is provided by Allied Holdings and Consultants ltd.
 
It does this by providing a financial sum through an Insurance product in the form of a 10-year insurance cover for the benefit of manufacturers, developers, owners, lenders and investors.
 
Maintained Availability™ then protects the insured against an unexpected under performance in the process availability, resulting in the projects being unable to meet its debt service and operational requirements reducing significantly the operational exposures and related costs.
 
“I am thrilled by the perspective of partnering with Allied and to set up the very unique MA Platform in France. It is a fantastic opportunity for SIACI SAINT HONORE to help the sponsors developing and financing projects in the power industry sector. The approach is revolutionary and we are proud to be part of the process.” Edouard Marron, Managing Director, Department Construction & Energy, SIACI SAINT HONORE.
“Allied are delighted to be partnering SIACI SAINT HONORE in providing the unique and flexible solution that is Maintained Availability”. Roger Willmott, Business Development Director, Allied Holdings and Consultants ltd.
 

About:

 

SIACI SAINT HONORE

SIACI SAINT HONORE, one of the leading providers of brokerage and consulting services in the French insurance market, supports large and mid-cap companies in the management of their property and personal insurance risks in France and around the world. The Group designs and develops customized solutions for its corporate clients in Property and Casualty, Marine and Cargo, Employee Benefits, Retirement, HR Strategy and Total Rewards and International Mobility. SIACI SAINT HONORE services encompass the entire value chain from risk management consulting to the management of insurance plans. The firm has currently 2,500 employees worldwide, insures 2.5 million individuals and reported turnover of €350 million in 2017.
www.s2hgroup.com

 

ALLIED HOLDINGS AND CONSULTANTS LTD

Allied Holdings and Consultants Ltd are a team of experts, based in the UK, USA and Asia who have 150 years of combined experience working within the energy, finance and insurance markets. They have represented, developed, leased and funded technology.  Their clients benefit from the direct involvement and attention of their team with its extensive knowledge in providing professional advice and assistance in strategic financing and are commitment to building long term relationships.

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