New Energy Risk announced a new collaboration with Markel to help meet the surge in demand for Bloom Energy fuel cell technology in the United States and internationally. In this collaboration, NER underwrites and structures performance insurance solutions that are issued by a member company of Markel and backed with capacity from among the world's insurance and reinsurance companies. This announcement coincides with NER's swift growth as the demand for other sustainable technologies, and their corresponding risk transfer needs, accelerates globally.

Project financing is increasingly flowing to emerging energy and other technology innovations to meet environmental targets as industries decarbonize in the fight against the climate crisis. NER is Underwriting a Greener Futureâ„¢ by further developing new products to meet shifts in demand.