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Why recovery speed is the true measure of asset resilience

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This webinar explains how growing complexity in the power sector is shifting the focus from preventing damage to planning effective recovery, showing that resilience now depends on supply chains, logistics, and real-world operational constraints as much as on system reliability itself.

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The power sector is facing increasing complexity, as accelerating demand, rapid technological development, and growing volatility in systems and weather converge.

In this environment that is intensely focused on reliability, resilience has become a critical system performance requirement and no longer a financial concept.

This pv magazine Webinar, with our webinar partner FM, explores how today’s operating realities are changing what resilience looks like in practice. Drawing on real-world engineering and claims experience, FM experts Mike Perron, Sunny Verma, and Tony Carroll will examine why downtime is increasingly driven by recovery constraints, such as supply chain limitations, manufacturing queues, grid dependencies, and logistics, rather than the initial equipment damage itself.

The session will also look at how conventional generation assets are being pushed to do more as original baseload design assumptions, and how this shift is affecting reliability, maintenance, and recovery. Using claims insights, the discussion will highlight where ideal recovery plans often break down under real-world conditions. Find out why, and how organizations that recover fastest are those that plan for it before the loss occurs.

We’ll end the webinar with our usual live Q&A, which will be open to inviting audience discussion with our experts.

FM is a commercial property insurer that partners with organizations worldwide to protect assets and improve resilience through engineering, research, and claims expertise.

Participants are encouraged to submit questions in advance or via live chat during the webinar.

pv magazine Webinar content:

  • The new power risk reality: Why system volatility and constraints mean disruptions last longer.
  • Downtime truths: Why recovery readiness, manufacturing capacity, and logistics determine timelines more than the damage itself.
  • What real-world loss experience reveals about where recovery plans break down under operational constraints.
  • Practical steps asset owners can take to improve insurability and recovery speed.
  • Live Q&A

The session will be moderated by Tristan Rayner of pv magazine.

Registration for this webinar is free of charge.

Speakers

Mike Perron | Renewable Energy Market Lead, FM

Michael Perron is the renewable energy market lead for FM. He cultivates key broker relationships and helps to develop and execute the strategy of FM’s renewable energy unit, which was announced in May 2024. Prior to joining FM, Perron spent 20 years placing insurance for large clients focusing on energy, chemical, petrochemical, pharmaceutical and other engineered risks. Perron is a licensed insurance broker and a licensed professional engineer. He has a bachelor’s degree in chemical engineering from Villanova University and an MBA from the Rutgers Graduate School of Management.

Sunny Verma | Vice President, Operations Claims Manager, FM

Sunny holds a bachelor’s degree in mechanical engineering and a master’s degree in production engineering. A Chartered Insurer and Certified Insurance Professional, Sunny has built a diverse career spanning several engineering and claims roles. He has worked across multiple countries, gaining broad global experience.

Tony Carroll | High Hazard Occupancy Specialist, FM

Anthony Carroll is an insurance executive with over 30 years of leadership in specialty P&C, focused on energy, power generation, data center construction, and complex industrial risks. As Principal Underwriter overseeing $1B in GWP, he applies an engineering driven, disciplined approach to building resilient and profitable underwriting global portfolios.

Moderators

Tristan Rayner | Editor, pv magazine

After studying Electrical Engineering, Tristan Rayner turned his attention to editorial roles. Prior to joining pv magazine in 2020, he was managing editor and founding editor of culture, tech and sport publications in Australia, and later contributed to publications including Android Authority, AFP, ZDNet, and YouTube channel The Friday Checkout, among other roles.

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