Insurance for the unexpected.
Reassurance for everything else.
NEIL (Nuclear Electric Insurance Limited) is a mutual insurance company guided by a set of steadfast principles. Decades of proven financial success have given us unequaled leverage in the industry. With our financial strength in their corner, our Members have peace of mind knowing if something goes wrong, they’ll be back up and running in as little time as possible.
Some of the areas of impact we insure:
- Coverage for damages caused to the physical property
- Decontamination expenses incurred at these sites stemming from nuclear contamination
- Other risks of direct physical loss at the sites
- Certain premature decommissioning costs
- The costs associated with specific long-term interruptions of electricity supply
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Our Core Values
Mutuality is the cornerstone of our business. We invest our energy in the future of yours. We demonstrate Mutuality through our Core Values:
- Striving for Excellence
- Acting with Integrity
- Promoting Innovation
- Fostering Inclusiveness
NEIL Core Values
Excellence
Read moreWe seek excellence in all we do through our commitment to continuous improvement by an engaged, collaborative and learning organization.
Integrity
Read moreDoing the right thing in pursuit of our goals and obligations, and committed to the highest level of transparency, integrity and accountability in executing our responsibilities.
Innovation
Read moreWe embrace change through our commitment to developing creative and cost-effective risk transfer solutions supported by an efficient operational framework.
Inclusiveness
Read moreWe value teamwork and are committed to cultivating a diverse, equitable and inclusive workforce. We encourage, respect, and welcome diverse thinking and experiences.
NEIL Subsidiaries
NEIL Services, Inc. was formed in 1981 and serves as the Management Services Company to NEIL, NEIL Overseas and Cedar Hamilton Limited. NEIL Services fully handles the following operations for NEIL and Cedar Hamilton: Loss Prevention, Claims, Underwriting, Accounting, Risk Management, Legal, Human Resources, IT, and Investments. NEIL Services supports NEIL Overseas in these areas as well, but at varying levels. NEIL Services’ Loss Prevention Engineers conduct Boiler & Machinery and Property/Fire Protection loss control evaluations and project risk reviews for Members’ nuclear power generation sites, and other loss prevention services that support the Nuclear and Specialty Insurance programs. NEIL Services’ Underwriting teams manage all underwriting services for NEIL, NEIL Overseas and Cedar Hamilton, with separate teams supporting the Nuclear and Specialty programs.
NEIL Overseas dac. is an Irish designated activities company formed in 1998 to manage the Company’s non-U.S. insurance activities. NEIL Overseas is a registered insurer under Irish and European Union law and is authorized to engage in insurance and reinsurance activities in multiple countries outside of the United States. NEIL Overseas issues the nuclear insurance policies for NEIL’s non-U.S. Members from Belgium and Spain and supports the Members’ conventional insurance programs as well. Based in Dublin, Ireland, NEIL Overseas has five employees and supports NEIL Services’ employee in Spain.
Over 45 years supporting the energy industry.
We have a strong appreciation for our Members’ evolving needs that comes from our firsthand experience.
Our History
