SmartBattery makes BESS risks manageable for insurers
SmartBattery translates BMS/EMS data (pre-analyzed by an independent predictive maintenance provider) into insurance-relevant key performance indicators for underwriting, risk engineering and claims – as traffic light indicators, trend KPIs, risk categories and benchmarks at the storage level.
BESS is a black-box risk – and yet it must be drawn.
Resilience
Large storage facilities are growing rapidly, but reliable damage data and uniform standards are lacking.
Difficult Assessment
Over 50% of the battery cells come from plants that are less than 2 years old; production errors and individual cell chemistry make the risk difficult to assess.
Financial Insecurity
BESS fires are almost impossible to extinguish; technical protective devices are often limited, leading to high property damage and business interruption losses.
Our Solution
SmartBattery translates pre-analyzed predictive maintenance signals into insurance-relevant KPIs.
The platform features a dashboard that transforms operational data and anomaly alerts into insurance-relevant KPIs and risk parameters, facilitating data-driven risk consultancy for customers and accurate, detailed information for renewal discussions with insurance partners.
The Risk Factors
AWARDS.
Digital Lighthouse Insurance 2024.
The DIGITAL LIGHTHOUSE Insurance is an award for innovative ideas, projects and solutions in the digitalization of the insurance industry.
AXCO Global Insurance Award: FINALIST 2025.
We are proud to be named a finalist for Technology Partner of the Year at the AXCO Global Insurance Awards, recognizing our commitment to delivering innovative, collaborative solutions. This nomination highlights the strength of our partnerships and dedication to driving joint business success.
SmartBattery - Benefits for all departments.
Underwriting
Designing with data instead of gut feeling: Trend KPIs and risk categories as a basis for terms, deductibles and pricing.
Risk Engineering
Transparency regarding internal, individual battery risks; prioritization of measures and impact monitoring over time.
Claims
More efficient regulation: Fast classification through timeline packs; structured basis for the review of responsibilities (OEM/operator).
SmartBattery benefits all departments.
Underwriting
Designing with data instead of gut feeling.
Trend KPIs and risk categories as a basis for terms, deductibles and pricing.
Risk Engineering
Transparency regarding internal, individual battery risks.
Prioritization of measures and impact monitoring over time.
Claims
More efficient regulation.
Fast classification through timeline packs; structured basis for the review of responsibilities (OEM/operator).
Division/Portfolio Management
Proactive management.
A scalable fact base reveals risk concentrations and trends in the portfolio.
100% control for the insurer.
Trust by Design for Insurers
SmartWind is designed to meet the governance requirements of large brokerage firms.
Consent and Audit Trail
Key performance indicators are only provided with documented approval from the policyholder.
Data Minimization
Focus on machine data and alarms; no personal data.
IT Realism
Quick start in the pilot project via browser; no interface projects in core systems required.
Claims Advocacy with Structured Evidence Packs
In the event of damage, SmartWind provides a structured claims advocacy service.
Complete timeline pack from alarm to operator response to notification to service or OEM.
Proof that relevant anomalies were reported and what measures were taken.
A better starting position for recourse against maintenance companies and clear arguments for payouts for insurers.
Simplifying and accelerating information and data exchange for faster service to your customers.
Case: HDI Global & SmartBattery.
For HDI Global's underwriters, battery storage systems were often a "black box" due to a lack of reliable data on the risk quality of the battery modules and their potential for developing cell defects. This led to time-consuming inquiries, blanket safety margins, and restrictive terms during renewals due to unclear risk profiles.
SmartBattery translates operational signals from AI-based analysis into insurance-compatible risk KPIs. Underwriters receive standardized metrics for the development of safety-critical parameters at the plant, project, and customer levels, enabling fact-based risk assessment.
The newly gained transparency significantly shortens renewal processes and reduces iterations. Instead of blanket restrictions, conditions can now be precisely linked to verifiable risk quality, demonstrably leading to optimized insurance terms for BESS projects.
FAQ.
What data is used?
BMS/EMS-based signals such as SoC, SoH, and temperatures.
Does the tool replace the expert?
No, it serves as a decision support tool for underwriters and risk engineers.
Which regions are covered?
Focus on Europe; projects in South Africa, UAE, Australia and the USA are possible.
Does the insurer need to integrate systems?
No. Browser-based, no integration necessary.
How is data protection/consent handled?
Aggregated data sharing only with documented approval from the policyholder.
Which BESS does SmartBattery cover?
Focus on large storage systems from 20 MWh (containerized, lithium-ion).
Next Steps.
Step 1
In a 30-minute briefing, we will show you, using concrete examples, how SmartBattery creates a scalable fact base for underwriting, renewal, risk engineering, and claims from existing monitoring data.
Step 2
In a demo session for you and your colleagues, we will answer technical questions and explain the process, including the selection of a monitoring provider. We will also help you identify suitable customers for a pilot project.
Step 3
In an optional pilot project, you will get to know and use SmartBattery. This will give you firsthand experience of what information is available about your customers' systems and how to integrate it into your insurance offerings.
Step 4
Scaling across your existing portfolio, including a sublicensing offer for participating insurers.
