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Paratus

Insurance group focused on decarbonisation

Paratus logo
1-20 employees
  • B2B
  • Enterprise
  • Energy
  • Sustainability
  • Financial Services
St. James's, London, UK

Company mission

Focused on decarbonisation by accelerating the transition to renewable energy and sustainable fuels.

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back within 2 weeks

Our take

Paratus provides innovative risk management for the renewable energy sector. The company introduced the world's first energy and freight insurance policies and recently launched a unique renewable power price-risk insurance solution. This proprietary product protects producers and consumers from energy price volatility, offering superior outcomes and flexibility compared to traditional methods.

The company simplifies risk management with transparent, straightforward policies, eliminating the need for complex trading and costly hedging. Regulated by the Guernsey Financial Services Commission and partnering with Lloyd's underwriters, Paratus ensures enhanced financial security for its global clients.

A recent growth equity investment from Ara Partners will accelerate Paratus's expansion and scaling efforts. Known for its focus on decarbonisation, Ara Partners will support Paratus in advancing low and zero-carbon energy solutions, enhancing its impact and value to customers in the global energy transition.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Company Pension
  • 25 days holiday

Leadership

Gus Majed

(Group CEO)

Over 25 years as a proprietary oil trader with physical, derivatives and hedge fund experience. Previously worked at Shell, Vitol Group, and Hess Management.

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Innovative product (1)