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Beazley to Acquire kWh Analytics to Boost Renewable-Insurance Underwriting

The insurer will fold the climate-data firm into its MAP Risks unit to apply proprietary datasets to energy-transition risks.

Overview

  • Beazley reached an agreement to buy San Francisco–based kWh Analytics, with financial terms undisclosed.
  • kWh Analytics will join Beazley’s MAP Risks team, with CEO Jason Kaminsky reporting to Group Head Tim Turner and supporting transition underwriting led by Kelly Malynn.
  • Beazley says the deal will strengthen modeling, pricing, and risk management for renewable portfolios, aiming to deliver more scalable coverage for U.S. solar and storage developers.
  • kWh Analytics brings a database spanning more than 300,000 renewable assets and over $150 billion in loss data, a resource for tackling extreme‑weather exposures such as hail.
  • Evercore and Freshfields advised Beazley on the transaction, while McDermott Will & Emery served as legal counsel to kWh Analytics.