Safeguarding eco credits against forgery, fraud, and other risks
EcoCredit Integrity Insurance
Assurely partners with the various emerging stakeholders supporting climate and infrastructure projects to include EcoCredit Integrity Insurance, offering critical protection against risks such as forgery, alteration, and fraudulently issued carbon credits and other environmental asset types.
Interested?
What is EcoCredit Integrity Insurance?
EcoCredit Integrity Insurance protects carbon credits and other environmental asset types against risks like forgery, tampering, and fraud in the financial market. By ensuring the legitimacy and credibility of eco credits, the insurance safeguards both investors and project owners unlocking these often stranded assets.
Why purchase EcoCredit Integrity Insurance?
Guarantee Authenticity
EcoCredit Integrity Insurance verifies that your carbon and other eco credits are legitimate and not fraudulently issued, protecting both the buyer and the seller.
Increased Investor Confidence
Investors and buyers will have more confidence in your project when they know it is backed by insurance that secures the validity of your credits.
Satisfy Industry Compliance
EcoCredit Integrity Insurance helps meet regulatory/legal requirements, ensuring that carbon credits are compliant with industry standards.
Ready to secure your eco credits?
How it Works
Submit Project Details
Assurely prefers that you are working with a SaaS or other provider to register your credits on their platform.
Include EcoCredit Integrity Insurance
You will have the option to include EcoCredit Integrity Insurance on your project during the registration process on that platform.
Mint Your Carbon Credits
Mint your credits to be traded on your platform’s marketplace or retired for offsetting purposes
Who is Assurely?
Assurely builds, distributes, and advises on insurance products for changing industries and innovative companies.
Assurely’s product suite includes brand new, custom-built, and traditional insurance products such as property, casualty, and specialty products designed to be embedded into marketplaces and SaaS platforms, or accessed directly by end insurance customers. We serve companies, marketplaces, and platforms in industries such as Financial Services/FinTech, Construction, Real Estate, among others.
Projects/companies using Triangle can access their insurance policies via the Assurely platform which includes additional functionality to manage, evaluate, and administer all your insurance policies.
Frequently Asked Questions
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EcoCredit Integrity Insurance protects investors and buyers of carbon credits from risks like forgery, fraud, and tampering. It ensures the legitimacy of carbon and other eco credits, making them reliable assets for trading and financial purposes.
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The voluntary carbon market is prone to fraud and issuance of counterfeit or duplicate credits. Projects that have fraud protection in place can offer investors assurance that their assets are not only legitimate but are also covered against risks related to fraudulent activities.
Many investors and stakeholders are starting to require projects to demonstrate that their carbon credits and environmental securities are backed by independent verification and/or insurance.
EcoCredit Integrity Insurance offers a layer of protection, signaling the integrity of the credits and that their investment is protected should that not be the case.
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When you register your project on the an Assurely preferred platform, you’ll be either offered a price inclusive of coverage details or the ability to include the coverage with your project or in some instances, you may be redirected to the Assurely portal to complete the process.
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Filing a claim is simple and streamlined. If you need to file a claim, visit www.assurely.com/claims for step-by-step instructions.
It is our goal to make the process easy for you, and if you need assistance, we are here to help.
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Standard coverage levels (the “policy limit”) are typically set at 10% of the project value. In some instances, the ability to adjust these levels exists upon request.
The policy will last the duration of the project unless otherwise noted.
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When working with an Assurely preferred partners, standard pricing starts at around 22 bps of the policy limit. For example, expected premium on a $35M project would be approximately $7,700.
To get quotes please contact Assurely or ask your platform representative if they are currently partnered with Assurely.
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Relm Insurance is the primary insurance carrier on Assurely’s greater EcoCredit Integrity Insurance program.
Relm is a leading A-rated, specialty carrier offering coverage for emerging sectors such as digital assets and Web3, fintech, the space economy, AI and more.