Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium. First launched in 2023, Ariel Green has renewed the consortium and grown the number of markets participating and capacity available, to protect clean …
Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation in solar, energy storage, hydrogen, and bioenergy to help curb climate change. …
New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that will “promote the adoption of clean technologies” across …
Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather. The company is using a risk-management tool called a volume-firming agreement for almost 500 megawatts …
ProSight Specialty Insurance is expanding its reach in the energy market with the launch of three new insurance programs designed for the business needs and exposures of solar energy contractors, propane and fuel dealers, and oil and gas contractors. The …
CapX Partners has launched a new online platform called Energy Conservation and Performance (E-CAP), to help building owners, ESCOs, contractors and engineers secure financing for their energy savings projects. Partnering with energy insurer Energi, the E-CAP Platform will incorporate Energi’s …
Energi, a developer and underwriter of insurance products, has opened three new satellite offices across the United States to better serve the company’s policyholders and insurance brokers. The new Westport, Conn. office opened in August; the Carlsbad, Calif. location opened …
Finding the capital to get a new power plant in the ground is no small task for any company, but for developers aiming to use emerging clean energy technologies, the challenges are even greater. A California clean energy fund, CalCEF, …
