At New Energy Risk we understand how to quantify new risks and communicate them in terms the insurance industry and financial community will understand. Our data driven approach enables us to produce loss ratio estimates that are credible and supportable. We apply these loss estimates to structure insurance terms and contracts that appropriately address the performance risk of a project and adequately reduce the risk to the capital providers.
XL Innovate Acquire New Energy Risk
September 29, 2015
Dublin, Ireland – September 21, 2015 - XL Group plc (“XL” or the “Company”) (NYSE: XL) announced today that XL Innovate, the venture capital initiative sponsored by the Company, has acquired all of the shares of New Energy Risk, Inc..
Bloom Energy Performance Product
September 30, 2013
ZURICH, SWITZERLAND - XL Group’s Complex Accounts team is pleased to announce that it has provided an innovative new Performance Warranty insurance product to Bloom Energy of Sunnyvale, California. The new cover XL Group developed has enabled Bloom Energy to finance the installation of dozens of Bloom Energy Servers, totaling 6.1MW in capacity.
XL, Munich RE, NER Partner for Clean Tech
September 11, 2014
MUNICH, GERMANY - XL Group's Complex Accounts unit, Munich Re's Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver an innovative performance insurance policy for a portoflio of fuel cell servers installed across the U.S.