ABOUT US

Ariel Green: Experts powering our clean energy future

Mitigating Technology Risk

The Ariel Green Solution

Ariel Green offers investment-grade Technology Performance Insurance (TPI) designed to ensure clean energy projects secure financing at competitive rates in order to facilitate their construction and propel us towards the Net Zero target.

Why Does Arial Green Offer TPI?

The world is striving to reach Net Zero, when carbon emissions from human activity are reduced to be at or below carbon sinks. There is an increasing need to finance the trillions required to make the transition to clean energy.

A substantial portion of this funding will be directed towards innovative technologies, that by their nature are commercially unproven. These present considerable ‘technology risk’ due to their potential for underperformance.

Removing The Risk Barrier

This risk often acts as a barrier, preventing the access to affordable capital necessary to scale-up clean energy projects. Ariel Green is committed to overcoming this hurdle.

The Ariel Green Way

Ariel Green is built around three pillars – Deep Expertise, Collaboration & Customization

Deep Expertise

We bring the necessary Deep Expertise in clean energy technologies, insurance and project finance to effectively underwrite clean energy projects.

Collectively over 150 years of industry experience within the team
Senior leadership pioneered the clean energy category of TPI
Multiple advanced degrees in engineering/physics, environmental science and business administration.

Collaborative

From there, our experts work directly with your project team, taking a Collaborative approach to understand the unique technical and financing challenges of each individual project.

Engage at an early stage to understand your needs and help guide risk mitigation
Perform a deep dive into your technology and project planning to assess scope of insurability
Provide non-binding coverage indications to support financial planning
Design final scope and structure of coverage to meet needs of project stakeholders

Customized

And the result is a Customized insurance solution to help deliver project success.

All of this is driven by our purpose – to protect the technologies that protect the environment!

The Eco-Loop

Our logo features an evocative element we call the Eco-Loop. The circular shape of the Eco-Loop symbolizes our planet, as well as representing the concept of a circular economy. The open-ended design, progressing from a light brush stroke to a solid line, illustrates our ongoing journey towards achieving this goal. The Eco-Loop is more than a symbol, it is a commitment and an invitation to all to join in this meaningful endeavor.

Ariel Green Team

Jan Napiorkowski

Managing Director

Jan’s trailblazing work has revolutionized the insurability of performance guarantees within the clean energy sector. Initially spearheading Munich Re’s performance insurance practices, he moved on to lead Ariel Re’s business from 2015 onwards. After gaining early experience in the broader insurance and reinsurance industry, Jan underwrote an industry-first performance warranty policy in 2010, dedicating his career thereafter to the development and deployment of Technology Performance Insurance. This dedication has resulted in the insurance of over 85GW solar performance warranties and more than 8GW in project performance guarantees across various sectors, such as solar, fuel cell, bioconversion, and battery storage. Jan’s academic credentials include a MSc in Physics and an MBA Insurance and Risk Management

Christine Sun

LEADER GREATER CHINA

Christine brings a wealth of experience to her role, with over seven years in the Reinsurance industry and a specific emphasis on the clean energy sector. Her academic prowess in accounting and finance lays a solid foundation for her role. Before joining Ariel Re, Christine was instrumental in growing Munich Re’s clean energy footprint in Greater China. Her extensive collaborations with premier Chinese solar manufacturers allowed her to underwrite over 130GW of solar panels since 2018. Her in-depth knowledge equips her to skillfully manage the financial risks innate to clean energy projects and customise insurance solutions to suit varied financial requirements. Christine has a degree in Professional Accountancy.

Fraser Blunt

Leader Europe

Fraser is a seasoned senior energy executive with a rich history in energy markets and power generation asset management. Having served in international roles across the UK, France, Portugal, and Germany, he boasts a global perspective and a proven track record in driving innovation for major energy businesses. His comprehensive career encompasses both operational, technical and commercial management, spanning a variety of generation technologies and markets such as oil, gas, coal, biomass, distributed energy and solar PV. He is a former Director of RWE’s UK Cogeneration operations in the UK and Ireland, playing a pivotal role in the transformation of the portfolio and supporting industry policy groups. He remains committed to fostering progressive change for sustainable grid development. Fraser is a Chartered Electrical Engineer and alumni of an Advanced Management Programme at Oxford University.

Kit Chu

Solar PV Lead

Kit is the lead underwriter for solar insurance products at Ariel Green in addition to spearheading business development for insurance products related to energy storage and bioenergy projects. Beyond this, Kit oversees actuarial pricing and manages exposure reporting for the company’s burgeoning clean energy portfolio. Before joining Ariel Re in 2015, Kit honed his expertise in the renewable energy sector at VDE Singapore, specializing in solar module reliability. This was followed by a tenure as a risk analyst at Munich Re, where he conducted rigorous risk assessments and audits of factories producing solar modules, inverters, and energy storage systems. Kit holds a B.Eng in Environmental Engineering and an MBA Insurance and Risk Management.

Jamie Daggett

ENERGY STORAGE & FUEL CELL ADVISOR

Jamie is an industry leader in battery storage, solar, and clean energy technologies and has nearly two decades of applied experience across manufacturing, development, financing, and insurance. He worked at multiple fuel cell, electrolyzer, and battery startups, was director of energy storage engineering at DNV, and now provides Technology Performance Insurance to the clean energy market at Lloyd’s of London Ariel Re Syndicate. His professional career builds off a BS in Mechanical Engineering from Stanford University and an MS in Systems’ Engineering from the Colorado School of Mines. Jamie has been involved in over 10 GWh of energy storage deployments and works with the leading technology providers and developers to accelerate the clean energy transition.

Tad Dritz

BIOCONVERSION & HYDROGEN ADVISOR

With over 20 years of experience in the cleantech sector, Tad’s commitment to environmental protection is evident in his extensive work both within corporate structures and as an external consultant. He has lent his expertise to over 100 companies, aiding in the development and implementation of eco-friendly solutions. His portfolio includes biofuels, bioplastics, energy storage, fuel cells, and green hydrogen. Alongside his career, Tad’s passion for environmental issues extends to his role as founder and decade-long leader of the non-profit, Green Columbus – an organization committed to promoting dialog and inspiring action on environmental issues in central Ohio and beyond. Tad holds prestigious dual-degrees from the Erb Institute at the University of Michigan and Ohio University and is a registered Professional Engineer in Texas.

Moche Ning

UNDERWRITING ASSISTANT

Moche has a BSc in Insurance and Risk Management and also holds a Chinese lawyer license. He is currently engaged in the business development and operational aspects of Solar Insurance in China. Prior to joining Ariel Re in 2019, Moche worked at China PICC Insurance company with a focus on financial insurance and solar insurance. Additionally, he has authored several academic articles and essays within the insurance field.

Frank Petrocelli

SENIOR RISK ADVISOR

Frank joined Ariel Re in 2018 following a distinguished 30+-year career in R&D roles for top-tier energy and chemical companies, including Mobil Oil and Air Products and Chemicals. His mandate at Ariel Re has been to strengthen its underwriting capabilities in the areas of bioconversion, energy storage, and fuel cell technologies. Relevant to his role at Ariel Re, Frank led the R&D effort in support of Air Products’ development of two world-scale waste-to-energy projects in the UK using plasma-gasification technology. Frank has a B.S. from the University of Pennsylvania and a Ph.D. from the University of Delaware, both in Chemical Engineering.

The Ariel Green team is growing and always looking to connect with smart, collaborative people who share our passion about moving to a clean energy future. Click on the link below and tell us about yourself.