EIM
Energy Insurance Mutual (EIM) is a member-owned mutual insurance company serving 150+ electric, gas, and energy services companies across the US and Canada with specialized excess liability and property coverage, governed by its members since 1986.
- Company typePrivate
- Founded1986
- HeadquartersTampa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What EIM does
EIM (Energy Insurance Mutual Limited) is a member-owned mutual insurance company incorporated in Barbados in 1986 and headquartered in Tampa, Florida. EIM exclusively serves the energy industry, providing specialized excess liability and property insurance products to electric utility, gas utility, and energy services companies across the United States and Canada. Its core product suite includes Excess General Liability (limits up to $100M per occurrence/aggregate), Excess Directors & Officers Liability (up to $50M), Excess Fiduciary Liability ($25M), Excess Cyber Liability ($10M excess of $35M), Commercial Property Coverage ($35M), and Builder's Risk ($35M). EIM operates from a base of 150+ member companies and reports a 97% member retention rate, supported by direct engagement through account managers, underwriters, the Insurance Advisory Committee (IAC), and the annual Risk Managers Information Meeting (RMIM).
EIM derives revenue primarily from insurance premiums collected from member companies; pricing is quote-based and not publicly disclosed, with annual billing cadence. As a mutual structure, excess surplus is returned to members rather than external shareholders — in 2025 the Board approved $35M in total member distributions ($25M base + $10M supplemental) for 2026 payout. The company reports a 6% expense ratio and an 84.5% combined ratio for 2025, with $216.2M in net income and $1.57B in policyholder surplus (up 16% year-over-year). EIM also operates two wholly-owned subsidiaries: Energy Insurance Services, Inc. (EIS), a sponsored cell captive insurance company providing alternative risk solutions for members, and Energy Captive Management, LLC (ECM), a South Carolina-based insurance management services subsidiary. The technology layer is a member-facing web portal for policy administration, claims filing, and member communications; the company has no disclosed AI/ML capabilities, APIs, or mobile applications.
EIM firmographics
Firmographics- Name
- EIM
- Legal name
- Energy Insurance Mutual Limited
- Website
- https://eimltd.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Energy Insurance Mutual (EIM) is a member-owned mutual insurance company serving 150+ electric, gas, and energy services companies across the US and Canada with specialized excess liability and property coverage, governed by its members since 1986.
- Ownership category
- akta.pro rank
EIM industry classification
Industry- Product category
- Energy Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Energy & Power Specialty (Onshore/Offshore) (FSAJAGAI)
- akta.pro secondary industries
- Excess Casualty (Lead/Umbrella/XS) (FSAJAGAA), Professional Liability (E&O) (FSAJAGAC), Technology Errors & Omissions (Tech E&O) / Professional Liability (FSAJAOAC)
Keywords
Where EIM is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
EIM business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Insurance Premium Revenue: EIM generates revenue through insurance premiums collected from member companies. As a mutual insurance company, premiums are the primary revenue source, with excess surplus returned to members through distributions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based commercial insurance pricing tailored to member risk profiles |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
EIM product offering
Product offeringCore offering
EIM provides excess liability, property, and specialty insurance coverages to energy industry companies on a mutual basis. Core products include Excess General Liability (up to $100M), Excess Directors & Officers Liability (up to $50M), Excess Fiduciary Liability ($25M), Excess Cyber Liability, Commercial Property Coverage (up to $35M), and Builder's Risk. The company also operates subsidiaries (EIS and ECM) offering sponsored cell captive insurance and captive management services.
Product overview
Energy Insurance Mutual (EIM) is a member-owned mutual insurance company serving the energy industry since 1986. The company operates as a unified platform offering a comprehensive portfolio of excess liability and property insurance products designed specifically for utilities and energy companies. The core product suite includes Excess General Liability (up to $100M), Excess Directors & Officers Liability (up to $50M), Excess Fiduciary Liability ($25M), Excess Cyber Liability ($10M excess of $35M), Commercial Property Coverage ($35M), and Builder's Risk ($35M). EIM also provides alternative risk solutions through its wholly-owned subsidiaries: Energy Insurance Services (EIS), a sponsored cell captive insurance company offering Mutual Business Programs for customized risk management, and Energy Captive Management (ECM), which provides administrative support to EIS participants. Additional services include the Energy School professional development program, the annual Risk Managers Information Meeting (RMIM), and an Insurance Advisory Committee. The company maintains an 'A' (Excellent) AM Best rating and serves over 150 member companies with a 97% member retention rate.
Differentiator
Problem solved
Functional benefit
Brands
- Energy Insurance Services (EIS): Wholly-owned subsidiary providing sponsored cell captive insurance solutions for alternative risk management.
- Energy Captive Management (ECM)
Products and services
- Excess General Liability Excess general liability coverage with limits from $10 million up to $100 million per occurrence and in the annual aggregate, covering bodily injury, property damage, and personal injury to third parties arising from energy industry operations.
- Excess Directors & Officers Liability Excess D&O coverage with limits available from $10 million up to $50 million per wrongful act and in the annual aggregate, protecting energy industry leadership including nuclear coverage with no pollution exclusion.
- Excess Fiduciary Liability Excess fiduciary liability coverage with $25 million in coverage protecting against claims related to employee benefit plan management, including funding issues, benefit changes, plan conversions, and administrative errors and omissions.
- Excess Cyber Liability Excess cyber liability coverage with limits of $10 million excess of $35 million in underlying coverage, designed to help members protect against evolving cyber threats and digital risks.
- Commercial Property Coverage Property coverage with capacity up to $35 million on a quota share basis, providing protection for energy industry assets including earthquake, flood, and wind risks with monitored catastrophe exposure management.
- Builder's Risk Builder's Risk coverage with capacity up to $35 million per project on a quota share basis, providing comprehensive protection during construction phases for energy infrastructure projects including delay in startup, natural catastrophe coverage, and testing and commissioning.
- Energy Insurance Services (EIS) Wholly-owned stock insurance subsidiary providing sponsored cell captive insurance solutions for EIM members to utilize for placement and management of alternative risk related products through Mutual Business Programs.
- Energy Captive Management (ECM) Wholly-owned insurance management services subsidiary providing administrative support to EIS Mutual Business Program participants, including policy issuance, premium accounting, claims administration, reinsurance reporting and collection, and regulatory support.
Quantifiable outcome
- 97% member retention rate demonstrating long-term member satisfaction
- +3 more outcomes
Companies that use EIM
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
EIM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
EIM partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- AEGIScoreAEGIS is a co-sponsor of the Energy School professional development program alongside EIM, Everen, and NEIL. EIM's Excess D&O policy follows the AEGIS form, indicating deep integration and alignment in coverage approaches.
- EverencoreEveren is a co-sponsor of the Energy School professional development program alongside EIM, AEGIS, and NEIL, supporting professional development for new risk professionals in the energy industry.
- NEILcoreNEIL (Nuclear Electric Insurance Limited) is a co-sponsor of the Energy School professional development program alongside EIM, AEGIS, and Everen.
- Johnson Lambert & Co. LLPminorJohnson Lambert & Co. LLP serves as the auditor for Energy Insurance Services (EIS), providing independent financial statement auditing services.
- South Carolina Captive Insurance AssociationminorEIS and ECM participate in the South Carolina Captive Insurance Association (SCCIA) for industry networking, regulatory compliance, and captive insurance best practices.
Scale indicators12 records
Recent moves9 records
Expansion highlights5 records
EIM competitors and assessment
Company assessmentDirect peers
- AEGIS Insurance Services: Mutual insurance consortium serving the energy industry with similar excess liability and property products; explicitly partnered with EIM on Energy School and EIM's Excess D&O follows the AEGIS form, making it the most direct structural comparator.
- Everen: International energy insurance mutual headquartered in Bermuda, co-sponsoring the Energy School with EIM; comparable size, mutual structure, and energy-industry focus, providing overlapping excess casualty and property capacity to similar utility members.
- Nuclear Electric Insurance Limited (NEIL): Nuclear-focused mutual insurer of U.S. nuclear utilities, co-sponsoring Energy School with EIM; highly comparable mutual structure and energy-utility customer base, though narrower in asset focus (nuclear generation only).
- Oil Casualty Insurance Ltd. (OCIL): Bermuda-domiciled mutual insurer providing excess liability coverages to oil, gas, and petrochemical operators; comparable mutual structure, energy-sector specialization, and excess liability product set.
Broad incumbents
- Berkshire Hathaway Specialty Insurance: Large specialty insurer with an active Energy and Utilities practice offering excess liability, D&O, and property coverages to U.S. utilities; competes for the same energy-industry buyers but as part of a multi-line portfolio.
- AXA XL (Energy & Power): Global specialty insurer with a dedicated Energy/Power line offering construction, property, and liability coverages to conventional and renewable energy clients; broad incumbent with overlapping product categories.
- Liberty Specialty Markets: Specialty re/insurer with a dedicated Energy and Power unit providing excess liability, property, and construction coverages; broader portfolio than EIM but a direct competitor on individual risk placements.
- Chubb (Energy/Power Generation): Large global P&C insurer with a dedicated Power & Utilities practice offering excess casualty, D&O, and property coverages; competes in the same bidding processes but across many other lines as well.
Emerging players
- Tokio Marine HCC (Energy): Specialty insurer with an energy and upstream practice offering excess liability to oil and gas and power clients; partial overlap with EIM's excess casualty focus in oil/gas-adjacent risks.
Others
- Captive Insurance Companies Association (CICA): Industry trade association for captive insurers; recognized EIS with the 2018 Outstanding Captive Award. Not a competitor but the principal industry body shaping captive insurance regulation and best practices that EIM's subsidiaries (EIS, ECM) operate within.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
EIM social profiles
Digital presenceEIM compliance and trust
Trust signalCompliance1 record
EIM financial estimates
Financial estimateRevenue estimate
Valuation estimate
EIM leadership team
Management profileNumber of profiles
Profiles11 records
EIM subsidiaries and ownership
Company hierarchySubsidiaries2 records
EIM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EIM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EIM
What does EIM do?
EIM provides excess liability, property, and specialty insurance coverages to energy industry companies on a mutual basis. Core products include Excess General Liability (up to $100M), Excess Directors & Officers Liability (up to $50M), Excess Fiduciary Liability ($25M), Excess Cyber Liability, Commercial Property Coverage (up to $35M), and Builder's Risk. The company also operates subsidiaries (EIS and ECM) offering sponsored cell captive insurance and captive management services.
Is EIM a public or private company?
EIM is a private company. It is classified as management employee owned and is currently operating.
When was EIM founded?
EIM was founded in 1986. It employs 11 to 50 people.
Where is EIM based?
EIM is headquartered in Tampa, United States, in the North America region.
How does EIM make money?
One revenue line is on record: insurance Premium Revenue.
Who are EIM's main competitors?
Direct peers on record are AEGIS Insurance Services, Everen, Nuclear Electric Insurance Limited (NEIL) and Oil Casualty Insurance Ltd. (OCIL). Broad incumbents are Berkshire Hathaway Specialty Insurance, AXA XL (Energy & Power), Liberty Specialty Markets and Chubb (Energy/Power Generation). Tokio Marine HCC (Energy) is listed as an emerging player. Captive Insurance Companies Association (CICA) is listed as an others.
Does EIM have an API?
No public API is recorded for EIM.
What industry is EIM in?
EIM's product category is Energy Insurance. Its primary akta.pro industry code is FSAJAGAI, Energy & Power Specialty (Onshore/Offshore), with a secondary code of FSAJAGAA, Excess Casualty (Lead/Umbrella/XS). Its NAICS code is 524126 and its SIC code is 6331.