OneNexus and Travelers partner to launch surety platform for energy sector
OneNexus and The Travelers Companies, Inc. have partnered to launch a new surety program for the energy sector, combining Travelers' surety expertise with OneNexus' long-duration funding platform. This collaboration, backed by Munich Re, aims to provide significant, long-term capacity for decommissioning obligations and financial assurance requirements in the energy and broader infrastructure sectors. The initiative is designed to reduce risk, increase affordability, and ensure responsible funding for decommissioning liabilities.
https://www.reinsurancene.ws/onenexus-and-travelers-partner-to-launch-surety-platform-for-energy-sector/