




Press
November 9, 2022
NER Releases its 2021 Sustainability Report
We are proud of our clients, who are committed to solving some of the world's most pressing environmental issues. View our second annual report for details.
August 18, 2022
New Energy Risk Announces Milestone as Clients Raise $3B in Capital, Also Announce Senior Promotions
Recently, NER surpassed $3 billion in capital raised by clients. Building on this momentum, the company announces multiple staff changes.
August 4, 2022
New Energy Risk Clients Surpass $3 Billion of Capital Raised for the Energy Transition
New Energy Risk has helped our clients raise over $3 billion of capital for their projects and assets on the path of Underwriting a Greener Future™.
March 17, 2022
NER Acquired by Paragon Insurance Holdings
Paragon Insurance Holdings, LLC, a national MGA based in Avon, Connecticut, announces today the acquisition of New Energy Risk (NER), an insurance solutions provider to a wide range of energy technologies and related infrastructure projects and technologies that accelerate the energy transition.
February 22, 2022
NER Included in Report: Advancing Collaborative Action on Forest Biofuels in California
Low-carbon/-negative fuels from forest biomass can help California attain its greenhouse gas reduction targets while reducing wildfire risk.
January 19, 2022
New Energy Risk Announces Collaboration with Markel® to Support Dramatic Growth of Bloom Energy Fuel Cell Installations
Increasing demand for clean and reliable power illustrates the rapidly growing ESG and energy transition sectors supported by New Energy Risk.
November 8, 2021
New Energy Risk Announces the Promotion of Dr. Brentan Alexander to President in Response to Continued Business Acceleration
NER is positioned to further capitalize on tremendous growth in the ESG and energy transition sectors.
October 4, 2021
AXA XL Publishes its 2020 Sustainability Report
Every year, AXA XL publishes a Sustainability Report, which describes its commitment to sustainability and its purpose to act for human progress by protecting what matters. Find NER on page 8.
September 28, 2021
NER’s CSO/CCO Quoted in Utility Dive
NER's CSO/CCO Brentan Alexander is quoted in Utility Dive. Read about why long-duration energy storage is key to US decarbonization goals.
July 22, 2021
NER Featured in Berne Union’s The BUlletin
New Energy Risk is pleased to have been featured by Berne Union in its latest issue of The BUlletin, Summer 2021: Illuminating Climate, to discuss technology and credit risk.
June 29, 2021
AXA Publishes its 2021 Climate Report
Every year since 2015, AXA publishes a Climate Report which describes its current climate strategy and new developments. Find NER on page 69.
May 13, 2021
CEO Interviewed by Risk & Insurance
New Energy Risk CEO Tom Dickson is quoted in Risk & Insurance for the article, "A Hardening Renewable Energy Market Renews Interest in Basic Risk Management"
April 26, 2021
NER Releases its 2020 Sustainability Report
We are proud of our clients, who are committed to solving some of the world's most pressing environmental issues. View our second annual report for details.
April 16, 2021
NER Featured by AXA XL in Climate Risks Report
New Energy Risk is proud to be featured in AXA XL's Climate Risks report, "Protecting What Matters." Read how NER is contributing to innovative insurance solutions for emerging climate risks.
March 25, 2021
New Energy Risk Supports Carbon Capture Bill
We support the US Senate Bill that would positively contribute to the financing and completion of exciting carbon capture projects.
February 23, 2021
New Energy Risk Helps Bring Fuel Cells to New York City
The insurance solution developed by NER was a key component of the financing for fuel cells totaling 12 MW with Daroga Power LLC.
January 27, 2021
CEO Interviewed by AXA XL for Fast Fast Forward
Learn more about “the future of [our] custom technology risk solutions, and the crucial gap [we] fill in the marketplace,” plus a peek under the hood of our model and how diversity improves our team performance.
October 29, 2020
NER in The Economist
New Energy Risk is pleased to have been cited by The Economist in print and online for the article "Greenbacks for greenery."
October 19, 2020
New Energy Risk Helps Bring Fuel Cells to South Korea
New Energy Risk has helped facilitate the purchase and financing of fuel cells in South Korea. The insurance solution provided by NER is a key component of the project's financing and execution strategy.
August 10, 2020
CEO Interviewed by Norton Rose Fulbright
NER CEO Tom Dickson interview with Todd Alexander, Norton Rose Fulbright, on enabling project finance for new technologies through insurance.
July 15, 2020
NER Releases its 2019 Sustainability Report
We are proud of our clients, who are committed to solving some of the world's most pressing environmental issues. View our annual report for details.
July 7, 2020
AXA Publishes its 2020 Climate Report
Every year since 2015, NER-affiliate AXA publishes a Climate Report which describes its current climate strategy and new developments. Find NER on page 45.
March 16, 2020
Lloyd’s Features NER in Report: Renewable Energy Risk and Reward- Risks and Technologies
New Energy Risk (“NER”), a California-based MGU, works with pioneers in the new-energy arena to support technology breakthroughs, advancing the critical projects needed to accelerate the transition to sustainable energy.
March 10, 2020
New Energy Risk, SHINE Medical Technologies Partner on Innovative Insurance Solution That Supports Financing of One-of-a-Kind Nuclear Medicine Facility
NER has provided SHINE Medical Technologies, a development-stage company working to become the world's leading producer of medical isotopes, with an innovative performance insurance program for SHINE's groundbreaking production facility.
September 28, 2019
Flow batteries scale up to GW production
Plans for a gigawatt factory in Saudi Arabia, bullet-proof warranties and an international vanadium rental service are propelling a new generation of batteries into the energy storage big league.
September 26, 2019
New Energy Risk Welcomes Strategic Hires to Drive Growth & Streamline Client Experience
Dr. Matt Lucas and Dvorit Mausner join leading insurance provider to scale business as demand for breakthrough, renewable technology surges.
May 13, 2019
New Energy Risk Backs $260M Plastics-to-Fuel Plant with Innovative Insurance Solution
Breakthrough insurance program mitigates project risk and accelerates time to market
January 29, 2019
New Innovative Insurance Instruments Will Accelerate Project Development And Deployment For TRI Biorefineries
Sector-leading provider New Energy Risk now offering insurance solutions for projects using TRI's equipment and technology
December 12, 2017
More Money Flows to Flow Batteries: ESS Nabs $13 Million Funding Round
Iron flow battery maker ESS raised $13 million in a Series B round, expanding the pool of cash available to upstart alternative storage companies.
December 12, 2017
Turning Garbage to Jet Fuel
Insurance solution provides performance coverage for the output of Fulcrum's garbage-to-fuels plant
December 11, 2017
I Don’t Like Losses, Sport
The invention of bioeconomy risk insurance and Fulcrum BioEnergy’s leap to scale.
August 8, 2017
Vionx Secures Insurance Product for Its Flow Batteries
The product adds a bigger balance sheet to the performance guarantee, potentially de-risking investments in vanadium redox flow batteries.
June 15, 2017
$500M in Renewable Energy Projects
New Energy Risk, announced that its customers have secured a total of $500M in financing to support such energy projects.
September 29, 2015
XL Innovate Acquires New Energy Risk
XL Group plc announced today that XL Innovate, the venture capital initiative sponsored by the Company, has acquired all of the shares of New Energy Risk, Inc.
September 11, 2014
XL, Munich RE, NER Partner for Clean Tech
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 portfolio of fuel cell servers installed across the U.S.
September 30, 2013
Bloom Energy Performance Product
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.