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.

Low-carbon/-negative fuels from forest biomass can help California attain its greenhouse gas reduction targets while reducing wildfire risk.

Increasing demand for clean and reliable power illustrates the rapidly growing ESG and energy transition sectors supported by New Energy Risk.

NER is positioned to further capitalize on tremendous growth in the ESG and energy transition sectors.

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.

NER's CSO/CCO Brentan Alexander is quoted in Utility Dive. Read about why long-duration energy storage is key to US decarbonization goals.

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.

Every year since 2015, AXA publishes a Climate Report which describes its current climate strategy and new developments. Find NER on page 69.

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"

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.

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.

We support the US Senate Bill that would positively contribute to the financing and completion of exciting carbon capture projects.

The insurance solution developed by NER was a key component of the financing for fuel cells totaling 12 MW with Daroga Power LLC.

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.

New Energy Risk is pleased to have been cited by The Economist in print and online for the article "Greenbacks for greenery."

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.

NER CEO Tom Dickson interview with Todd Alexander, Norton Rose Fulbright, on enabling project finance for new technologies through insurance.

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.

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.

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.

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.

“I see the insurance industry continuing to focus on sustainability and closing the protection gap, making a real difference in the global economy in a meaningful way.”

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.

Dr. Matt Lucas and Dvorit Mausner join leading insurance provider to scale business as demand for breakthrough, renewable technology surges.

Breakthrough insurance program mitigates project risk and accelerates time to market

Sector-leading provider New Energy Risk now offering insurance solutions for projects using TRI's equipment and technology

Iron flow battery maker ESS raised $13 million in a Series B round, expanding the pool of cash available to upstart alternative storage companies.

Insurance solution provides performance coverage for the output of Fulcrum's garbage-to-fuels plant

The invention of bioeconomy risk insurance and Fulcrum BioEnergy’s leap to scale.

The product adds a bigger balance sheet to the performance guarantee, potentially de-risking investments in vanadium redox flow batteries.

New Energy Risk, announced that its customers have secured a total of $500M in financing to support such energy projects.

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.

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.

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.