Ariel Green to Speed Energy Transition by Growing Technology Performance Insurance Consortium at Lloyd’s

London, 29 May 2024: Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology
Performance Insurance (“TPI”) Consortium. First launched in 2023, Ariel Green successfully renewed
the Consortium, while growing the number of markets participating and capacity available, to
protect clean energy technologies and projects.


With the Consortium’s backing, Ariel Green now offers TPI policies with up to $150,000,000 in
aggregate per risk, and more in special circumstances, allowing the major cleantech projects and
stakeholders to benefit from meaningful risk transfer. The increased scale will allow the clean energy
sector to access more capital and accelerate deployment of innovative technologies essential to
achieving Net Zero.


“We are proud to be the Technology Performance Insurer at Lloyd’s, leading the convergence of the
green energy sector and the insurance industry.” Jan Napiorkowski said, adding that “the demand
for participation in the Consortium reflects the increasing demand for clean energy TPI as well as
insurers’ commitment to support this fast-growing energy sector, while adding new and
uncorrelated classes of business.”


Rachel Turk, Lloyd’s Chief Underwriting Officer said: “Lloyd’s offers a unique global platform to host
this renewable consortium thanks to our global licenses and position as the world’s leading specialist
insurance market. We are delighted that major traditional insurance players view Lloyd’s and our
consortia as a great platform to identify and support specialty insurance offerings in this segment.”

About Ariel Green

Ariel Green provides Technology Performance Insurance (TPI) for the clean energy industry,
deploying capital through customized long-term and non-cancellable risk management solutions. As
a division of Ariel Re, a premier (re)insurance business and underwriters at Lloyd’s, our team is
supported by the world’s leading insurance and reinsurance marketplace. Ariel Green brings deep
expertise and a collaborative approach to developing insurance products that enable clean energy
projects to secure financing, get built and begin operations. Learn more at

About Ariel Re:

Ariel Re offers innovative insurance and reinsurance solutions and services through our offices in Bermuda, London, and Hong Kong, meeting the business needs of a diverse client base. Ariel Re operates principally through Syndicate 1910 in London and also offers access to Lloyd’s Europe via Syndicate 5336.


Originally founded in 2005, Ariel Re was acquired by Pelican Ventures and J.C. Flowers in November
2020. The new owners provide Ariel Re with significant capital resources and a long track record of
supporting successful, entrepreneurial businesses in the (re)insurance industry.




Imogen Morrison, Rein4ce Tel: +44 7718 127431


Ariel Green Contact Information:
Tel: 441-295-5485