PRESS RELEASE:

PowerGuard adds Gayle Nakahodo as VP of Operations

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Gayle Nakahodo

IRVINE, Calif., May 12, 2011 (SEND2PRESS NEWSWIRE) -- PowerGuard Specialty Insurance Services - a Managing General Agent and Lloyds cover holder specializing in unique insurance and risk management solutions for the wind and solar energy industries - announced today that Gayle Nakahodo has joined the company as vice president of operations.

Nakahodo brings 15 years of legal, insurance underwriting, risk management and operations experience to PowerGuard. Prior to joining PowerGuard, she was most recently a senior risk analyst at AAA of California Nevada and Utah, and was responsible for the procurement of property and casualty insurance to finance corporate risk. Over her career, Nakahodo has also worked as a retail insurance broker responsible for large, complex accounts and as an insurance company underwriter.

As vice president of operations, Nakahodo will be responsible for working with retail and wholesale brokers, project developers, alternative energy investors, PowerGuard's clients and prospects to streamline and manage all aspects of agency operations and administration for the PowerGuard team. She will be based in San Francisco and divide her time between Northern California and PowerGuard's headquarters in Irvine, Calif.

"As our client base and the demand for PowerGuard's products and services, particularly our industry leading PowerCLIP(TM) warranty solution have increased, so has the need for a top insurance operations professional of Gayle's caliber," stated managing principal Mike McMullen. "Her extensive experience and knowledge of risk management, the insurance business, agency operations and the law will all be incredibly valuable assets to our clients, broker partners and growing team. We are pleased and excited to welcome Gayle to PowerGuard."

Nakahodo holds a Bachelor of Business Administration degree in International Business from the University of Hawaii at Manoa in Honolulu, Hawaii. She also holds a Juris Doctorate degree from Santa Clara University School of Law in Santa Clara, Calif.

Gayle Nakahodo can be reached at:
PowerGuard Specialty Insurance Services
19000 MacArthur Blvd, Suite 575
Irvine, CA 92612-1447
415-356-4840 - Office
gnakahodo@powerguardins.com .

For more information on PowerGuard, PowerCLIP(TM) and other innovative insurance and risk management solutions for alternative energy companies, please contact Mike McMullen, managing principal of PowerGuard Specialty Insurance Services at mmcmullen@powerguardins.com .

About PowerGuard Specialty Insurance Services:

PowerGuard is a Managing General Agent and Lloyds cover holder specializing in the design and underwriting of unique insurance and risk management solutions for wind, solar and other alternative energy companies. Its founders and principals have more than 20 years of experience providing innovative products and services to meet the rapidly evolving needs of the energy business. PowerGuard's warranty product - PowerCLIP(TM) - is the most comprehensive contractual liability coverage available to renewable energy manufacturers, project developers, power generation operators and the financial institutions and private equity firms who invest in them. For additional information, please visit the PowerGuard Web site at http://www.powerguardins.com .

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