Nuclear Electric Insurance Limited Email Format

InsuranceDelaware, United States51-200 Employees

NEIL is a Bermuda-incorporated insurer with a place of business in Wilmington, Delaware. It provides coverage for electric utilities against nuclear-related risks at insured sites, including damages, decontamination expenses arising from nuclear contamination, and other direct physical losses, as well as certain premature decommissioning costs and long-term power interruptions.

Its customers are electric utilities seeking protection from nuclear-related financial exposure. The company positions itself as a cross-border insurer serving the nuclear energy sector, with registrations in Bermuda and Delaware. Its stated mission includes maintaining resources to cover two policy limit losses, delivering sustainable and comprehensive coverage, and developing solutions in partnership with its members. In January 2022, NEIL announced the appointment of Erin Siegrist as Director of Human Resources and Organizational Development.

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