#United States #Chicago #Qixent #Sunshine Guarantee #Exante

Qixent Introduces Sunshine Guarantee at RE+ Las Vegas

In a game-changing announcement, Qixent, an insurtech company based in Chicago, has launched its groundbreaking product, the Sunshine Guarantee, at the prestigious RE+ conference in Las Vegas. This innovative program marks the dawn of modern insurance for solar panel owners, combining cutting-edge parametric technology with a hassle-free embedded insurance model designed specifically for the solar industry.

The Sunshine Guarantee is the first of its kind, offering third-party-backed protection that assures solar panel owners of their system’s performance. By leveraging real-time data and intelligent algorithms, this program compensates users if their solar panels receive less sunlight than projected, thereby eliminating much of the uncertainty associated with solar investments. This not only instills greater confidence in buyers but also equips retailers with a significant advantage in closing sales.

A New Era for Solar Sales

The official debut of the Sunshine Guarantee at the RE+ conference highlighted how integrating such innovative solutions can transform solar panel sales conversations. The program promises to elevate conversion rates by as much as 30% by removing the common hesitation that potential buyers face due to performance uncertainty. Retailers can now use this powerful tool to reassure customers, making the buying process as straightforward and secure as possible.

Drive for Innovation

The technology behind the Sunshine Guarantee runs on Qixent's AI-native platform, which was engineered to streamline the deployment of modern insurance products. Partnering with Exante, a leading parametric insurtech firm, Qixent utilizes trustworthy satellite data and predictive modeling to facilitate automatic payouts based on actual weather conditions. This automated approach negates the need for tedious claims processes, minimizing friction for both retailers and solar panel owners.

“Sunshine Guarantee embodies what’s achievable when insurance processes are made data-driven and seamlessly integrated into the customer experience,” stated Randel Bennett, CEO of Qixent. “With a firm guarantee on solar performance, we eliminate the risks for solar panel owners while providing retailers an effective means to close deals swiftly.”

Retailers' Seamless Experience

Retailers are presented with an operationally simple solution: integrating the Sunshine Guarantee into their sales process requires no extra hardware, complex paperwork, or straining additional resources. Once embedded, the program operates silently in the background, assuring peace of mind for solar panel owners even in less-than-ideal weather conditions. Such a streamlined process offers a compelling value proposition to retailers, while simultaneously guiding buyers toward making confident purchasing decisions.

Responses and Future Implications

Industry professionals are already acknowledging the transformative potential of this innovative solution. Andrew Linhares, Senior Manager at the Solar Energy Industries Association (SEIA), voiced enthusiasm, emphasizing the program’s alignment with solar retailers’ objectives to gain new customers. He noted, “This innovative product is likely to speed up the transition towards solar energy by addressing performance uncertainties, which are often a key objection during sales.”

Exante’s Co-Founder, Aidan Breen, emphasized the importance of providing retailers with tools that build customer confidence: “The Sunshine Guarantee turns real environmental data into quick and automatic payouts. This simplicity removes uncertainty, drives sales, and contributes to the broader goal of advancing renewable energy adoption.”

Call for Collaboration

In light of this remarkable unveiling, Qixent is inviting solar retailers and installers to participate in a beta program for the Sunshine Guarantee. Attendees of RE+ Las Vegas are encouraged to meet with Qixent representatives to gain insights into the product and discuss potential integration strategies within their sales frameworks. Retailers joining the beta phase will access early program tools, comprehensive training resources, and direct support.

As the clean energy landscape evolves, Qixent’s Sunshine Guarantee signals a promising shift in how insurance is approached within this vital sector. With technological advancements paving the way for greater reliability and peace of mind, the adoption of solar energy stands to gain significant momentum through initiatives like Qixent’s.

For more information about Qixent and the Sunshine Guarantee, visit www.qixent.com.