Risk Assessment - Earth to Energy

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Risk Assessment

Business Practises

The E2E Risk Mitigation Fund (RMF) is financed by 20% of the license fees with a max of USD 250.000,- per configuration.  These funds are placed under the control of the risk management; performance guarantors and re-insurance companies in order to ensure and insure:

1. Performance accordingly to specification.
2. Breakdown/malfunction.
3. Product continuity.
4. Product warranty.

The risk assessment is managed by GSDP France for risk transfer; CRe Switzerland for performance guarantees and a global prime rated re-insurance company. Funds from the investment fund can only be allocated by these independent parties for the purpose of mitigation and insurance of risk. Allocation and use is only for insurance; upgrade/update programs; product development and third party liability.

 
 
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