Announced
Financials
Tags
Domestic
Acquisition
Majority
Private
Single Bidder
United States
Friendly
energy insurance
Insurance Brokers
Pending
insurance solutions
Synopsis
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.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.