Press release
BlueStone Advisors Launches Lithium-Ion Battery Captive
"We're excited to announce the launch of BlueStone's Lithium-Ion Battery Captive to the advanced battery ecosystem for employers who are adversely affected by rising insurance rates, limited capacity, and shrinking coverage terms offered in today's insurance and reinsurance marketplace", said Andy Royce, President of BlueStone Advisors.
We've seen reinsurance rates spike due to global economic uncertainty, geopolitical unrest, and increased catastrophic claims paid to international lithium-ion battery operators with inferior safety standards. The BlueStone Lithium-Ion Captive is for US employers with sound risk management practices who want more control of their insurance costs, pricing stability, and coverage certainty.
With the BlueStone Lithium-Ion Captive, BlueStone Advisors continues its decade-long commitment to providing innovative insurance solutions designed to advance a sustainable circular economy.
Media Inquiries
Kayla McFarland
kmcfarland@bluestoneadvisors.com
BlueStone Advisors
3333 Warrenville Road, Suite 155
Lisle IL, 60532
Media Inquiries
Kayla McFarland
kmcfarland@bluestoneadvisors.com
About BlueStone Advisors
BlueStone Advisors is a specialty commercial insurance broker that has provided insurance and risk management services to the lithium-ion battery industry for over ten years. BlueStone Advisors delivers advanced brokerage solutions that reduce the total cost of risk and insurance while leveraging best practices that strengthen an organization's risk profile. Additional information can be found at www.bluestoneadvisors.com
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