Ozop Plus is the main sponsor of the reinsurance symposium
Florida, NY, May 13, 2022 (GLOBE NEWSWIRE) — Ozop Energy Solutions. Inc. (OZSC)is pleased to announce that its subsidiary EV Insurance Company, Inc. DB Ozop Plus will be attending The Agent Summit in Las Vegas on May 15and-18and. Agent Summit is created by people who recognize that MGAs have a unique role in the sale and purchase of vehicles. It is the only event in the industry designed specifically by agents for agents, the backbone of which helps car dealerships increase their profitability.
Ozop Plus sponsoring the Reinsurance Symposium will allow the company to launch and pitch to become the electric vehicle (“EV”) battery reinsurer in the Vehicle Service Contract (“VSC”) industry. Brian Conway, CEO of OZSC, said: “Ozop Plus has a dual purpose in attending the conference, the first being to meet insurers who have not designed a VSC that covers the battery, or whose existing coverage lacks of clarity. that consumers are looking for. Ozop Plus, through its firm of independent professional actuaries, has developed a methodology that allows us to be comfortable with the risk of reinsuring the battery, by far the most expensive part of the EV. The second objective of the conference is to meet agents to develop the sales and marketing of the white label product Ozop Plus. We will be represented by key team members at the event.
Richard Colton, Vice President of Product Development for Ozop Plus, said: “Based on our expertise in battery technology and our knowledge of repurposing and monetizing a damaged battery, Ozop Plus has developed our reinsurance program to allow other insurers to cede their risk of potential battery losses to us.
The firm of actuaries engaged by Ozop Plus worked with OZSC and used the company’s experience and expertise in battery technology as well as energy storage systems to develop the anticipated reinsurance risks of the battery.
Anthony Lucidi, Vice President of Sales and Marketing for Ozop Plus, said, “We look forward to this event and to meeting potential distribution partners as agents, who maintain the key relationships needed with car dealerships. as well as with finance and insurance employees. from the dealer. We believe our white label product will be best in class and will provide the most “peace of mind” to an EV buyer.
About Ozop Energy Solutions.
Ozop Energy Solutions (http://ozopenergy.com/) invents, designs, develops, manufactures and distributes ultra-high power chargers, inverters and power supplies for a wide variety of applications in defense, heavy industry, aviation ground support, maritime and other sectors. Our strategy is focused on capturing a significant share of the rapidly growing renewable energy market as a provider of the assets and infrastructure needed for energy storage.
About Ozop Energy Systems, Inc.
Ozop Energy Systems is a manufacturer and distributor of renewable energy products in the areas of energy storage, solar power, microgrids and electric vehicle charging stations. We offer a broad portfolio of renewable energy products at competitive prices with a commitment to customer satisfaction from selection, to ordering, to shipping and delivery.
About Ozop Engineering and Design
Ozop’s engineering and design engineers deliver energy-efficient, easy-to-install, and easy-to-use digital lighting control solutions for commercial buildings, campuses, and sports complexes across North America. Products include relay panels, controllers, occupancy/vacancy sensors, daylight sensors and wall switch stations. Ozop has a dedicated design team that produces system drawings and a technical support group for product questions and on-site system commissioning. Our mission is to be recognized for our in-depth understanding of energy management systems and our ability to provide the right solution for each installation.
On ozop Capital Partners
Ozop Capital Partners, Inc. is a majority-owned subsidiary of the Company and wholly owns EV Insurance Company, Inc. (“EVIC”). EVIC, DBA Ozop Plus is licensed as a captive insurer that reinsures.
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