Source: PR Newswire
Qixent, a Chicago-based insurtech, announced the launch of Sunshine Guarantee, the first third-party backed embedded protection program for solar panel owners. By merging parametric technology with an embedded delivery model, Qixent is introducing a modern, scalable solution that addresses key challenges in the solar industry and provides tangible benefits for both retailers and owners.
The product will officially debut at the RE+ conference in Las Vegas, one of the largest and most influential events in the clean energy sector. At the conference, Sunshine Guarantee will demonstrate how automatic payouts and real-time data integration can transform solar sales conversations, ease buyer hesitations, and provide retailers with a stronger closing tool. Sunshine Guarantee compensates solar panel owners if their systems receive less sunshine than forecasted, removing uncertainty and delivering confidence. This assurance enables retailers to achieve conversion rates up to 30% higher while giving buyers certainty that their investment is protected.
The program runs on Qixent’s AI-native exchange platform, purpose-built to accelerate the delivery of modern insurance products. It is powered by Exante’s parametric technology, which uses trusted satellite data and predictive models to trigger payouts based on actual environmental conditions. Together, the systems ensure payouts are objective, data-driven, and automatic. They remove the need for manual claims, reduce friction for both retailers and panel owners, and deliver a seamless, hassle-free experience that points to the future of insurance.
“Sunshine Guarantee shows what’s possible when insurance is automated, data-driven, and built into the customer experience,” said Randel Bennett, CEO of Qixent. “By guaranteeing solar performance, we remove risk for solar panel owners. We also give retailers a powerful tool to close more deals, faster. It’s about changing how insurance supports clean energy adoption—making it invisible, reliable, and embedded directly into the buying journey.”
Read the full article: https://www.prnewswire.com/news-releases/qixent-debuts-sunshine-guarantee-at-re-las-vegas–data-backed-protection-for-solar-buyers-302545438.html
