DOXA: A Solutions Provider for the Evolving Energy and AI Landscape

Artificial intelligence (AI) is the defining technological force of our time, revolutionizing industries at an unprecedented pace. Among the many sectors impacted by AI’s rise, energy markets stand out as a crucial area of transformation. As AI adoption accelerates, so does its demand for energy—especially for the massive data centers that power its operations. This has sparked a surge in climate tech investments, opening new opportunities for startups and insurance agents alike. At DOXA, we don’t just observe these shifts—we provide innovative insurance solutions that empower agents to navigate this evolving landscape with confidence.

The Rise of Energy Startups in Climate Tech

For the first time since 2020, energy startups have overtaken electric vehicle and battery manufacturers as the leading recipients of global climate tech investments. According to a recent Insurance Journal article, venture funding for energy startups reached $9.4 billion in 2024, marking a 12% increase from the previous year. This investment surge is driven by the urgent need to develop greener, more sustainable energy sources to support AI-driven operations.

Within this movement, geothermal energy and nuclear power have emerged as standout sectors, with investments nearly tripling and doubling, respectively. Tech giants like Amazon and Meta are leading the charge, working to generate power on-site for their massive AI data centers. These centers require immense energy to process data efficiently while minimizing reliance on traditional power grids.

There is a rapid increase in activity around battery energy storage systems and power generation storage systems in relation to large AI data centers; this growth is reshaping the energy market at an accelerated pace.

How DOXA Empowers Insurance Agents in This New Era

The shift toward renewable and self-sustained energy sources presents unique opportunities—and challenges—for insurance agents. Unlike traditional construction projects, AI-driven energy facilities demand specialized insurance expertise.

These are highly complex exposure types that require customized coverage spanning from construction to operational phases, Insurance agents need a deep understanding of both the technology and the risks associated with these projects.

DOXA equips agents with the knowledge and resources necessary to secure the right coverage for these emerging risks, including:

• Specialized Underwriting: AI-powered energy projects often involve advanced technologies that traditional underwriters may not be familiar with. From battery energy storage systems to self-sustained hydroelectric power, DOXA’s experts ensure tailored underwriting solutions.
• High-Value Projects: Many of these facilities carry insured values between $250 million and $500 million, necessitating complex policy structures such as Owner-Controlled Insurance Programs (OCIPs) and Wrap-Up policies.
• Technological Risk Management: The rapid evolution of AI and energy storage introduces new risk variables. Our seasoned professionals help agents and their clients navigate this uncertainty with confidence.

Key Trends in AI Energy Usage and Insurance

As climate tech investments stabilize following the highs of 2023, energy startups are poised to drive continued innovation—especially in localized power generation for AI facilities. AI companies aren’t just looking for cost-effective energy solutions; they seek efficiency, sustainability, and reliability in an era where power disruptions are increasingly common.

Reducing expenses is not the only concern: it’s also ensuring an uninterrupted power supply and maintaining operational efficiency. Weather events, wildfires, and other disruptions impact the electrical grid. AI companies are turning to self-sufficient power sources to maintain a consistent performance for their customers.

Despite economic and political uncertainties, long-term projects already in development are expected to push forward. This underscores the ongoing demand for insurance professionals who understand these dynamic risks and can structure policies accordingly.

Why Partner with DOXA?

In a rapidly evolving market, knowledge is power. Agents who work with DOXA gain access to industry-leading expertise, specialized policy placement, and comprehensive risk management support.

If agents don’t have the knowledge base to handle these unique risks, that’s where a strong wholesale partner like DOXA becomes invaluable. Henry emphasizes. DOXA is uniquely positioned to guide agents through this transformative period.

DOXA doesn’t just offer policies—we provide solutions. By staying at the forefront of underwriting advancements and emerging risks, we empower agents to seize opportunities in the AI-driven energy sector.

Take the Next Step

The future of energy is being shaped right now. As an insurance professional, you have a pivotal role to play in supporting clients navigating these groundbreaking projects. DOXA is here to ensure you have the insights, tools, and expertise necessary to succeed.

Let’s discuss how DOXA can support your business. Connect with us today to learn more about our tailored insurance solutions for AI-driven energy projects.