Paragon Insurance Holdings to acquire New Energy Risk.

Paragon Insurance Holdings, a national MGA based in Avon, Connecticut, agreed to acquire New Energy Risk, an insurance solutions provider to a wide range of energy technologies and related infrastructure projects and technologies that accelerate the energy transition. Financial terms were not disclosed. "We’re excited to welcome NER to Paragon. With NER’s talent, carrier and reinsurance following, we will now be at the forefront of providing insurance solutions to the technology and project leaders that continue to move into the energy space," Ron Ganiats, Paragon CEO.