Calvert Cliffs Nuclear Power Plant

Who We Are

Calvert Cliffs Nuclear Power Plant

Who We Are

“Our financial strength and our commitment to maintain sufficient resources to cover two full-limit nuclear losses remain the bedrock of our purpose.”

Bruce A. Sassi, President and CEO

We believe nuclear power is a vital energy solution.

At NEIL, our Members are our partners. They have a vested interest in our success, since together we can help build each other’s financial growth. We promote the importance of safe, clean nuclear power by embracing this mutuality, and constantly striving for excellence in insurance and loss prevention.

Our Guiding Principles

As a way to reinforce our company’s ideology, we conduct business by a set of principles. It’s our Mission in plain terms. We live by these declarations every day.

Mutuality

Prioritizing equitable treatment of our Members, employees, and all representatives of our company. We share in the successes of one another.

Integrity

Ensuring a culture of accountability and respect, to foster strong relationships throughout the organization, and in our daily interactions.

Strength

Maintaining the financial strength to cover two full-limit losses, and personnel strength that fosters diversity and growth.

Excellence

Promoting industry risk-management and safety practices, and carry that same sense of company pride and care into everything we do.

Teamwork

Prudently pursuing opportunities that benefit our Members and partnerships - this includes community outreach, and environmental leadership.

NEIL Subsidiaries

NEIL Services Inc. was formed in 1981 to provide loss prevention and claims services to NEIL and our Members. NEIL Services’ Loss Prevention Engineers conduct Boiler & Machinery and Property/Fire Protection loss control evaluations and project risk reviews for our Members’ nuclear power generation sites, and other loss prevention services that support the Company’s nuclear insurance programs. The Loss Prevention Engineers perform similar services to support the specialty insurance programs written by Cedar Hamilton Limited and NEIL.
 

NEIL Services’ Claims staff provides claims evaluation and management services to NEIL, NEIL Overseas dac. and Cedar Hamilton.

NEIL Services Logo

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.

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Cedar Hamilton Limited was formed in 2020 and is the primary insurer for the Members’ specialty insurance programs. Cedar Hamilton is licensed by the Bermuda Monetary Authority as a Class 3 Insurer and is listed on the National Association of Insurance Commissioners (NAIC) Quarterly Listing of Alien Insurers. Cedar Hamilton supports our Members’ specialty insurance programs as a Surplus & Excess Lines Insurer in the United States. Cedar Hamilton was also awarded an “A’ rating by AM Best. NEIL and NEIL Services support Cedar Hamilton’s operations, including underwriting and loss prevention evaluations.
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Diversity is more than who we employ. It's the core of who we are.

Careers Diversity & Inclusion