Demand for Innovative New Risk Insurance Programs Drives Energi Expansion

Energi opens three new offices in three months, reinforcing national footprint

PEABODY, Mass. – September 10, 2012 – Energi, a leading developer and underwriter of innovative insurance products, today announced the opening of three new satellite offices across the United States to better serve the company's policyholders and insurance brokers. The new Westport, Connecticut office opened in August; the Carlsbad, California location opened September 1; the Orlando, Florida branch is set to open on Oct. 1. This expansion gives Energi a brick-and-mortar presence which will enable the current Energi distribution, loss prevention and claims teams to work closely with existing and future policyholders.


"These office openings are necessitated by extensive client growth from across the energy sector for our insurance, and risk mitigation products," said Energi CEO Brian K. McCarthy. "The expansion of our on-the-ground resources, from the Southeast to the West Coast, establishes a true coast-to-coast reach and affords us the opportunity to build closer relationships with our customer base in the surrounding territories."

The new offices complement Energi's existing Massachusetts and New Jersey branches and will provide its nationwide network of remote employees with a much needed local presence. The Westport office will feature a National Account division that will service Energi's largest accounts. Energi plans to announce additional satellite office openings throughout the United States and Canada later this year.

About Energi

Energi is a Peabody, MA-based Industrial Reinsurance Company that provides specialized insurance and risk management solutions to targeted market segments of the North American Energy Industry. Energi is a leading developer and underwriter of innovative insurance products. The core programs include fuel distribution, fuel transport and energy construction. Energi also has solutions which deliver critical protections for alternative energy and energy efficiency warranties programs. These covers mitigate the performance risk inherent in energy efficiency retrofits, commercial solar projects, and alternative energy product manufacturing. Founded in 2005 by leading insurance professionals and energy industry leaders, Energi is licensed in all 50 states. For more information, visit www.energi.com.

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