Paragon Risk Engineering

Paragon Risk Engineering is a global risk engineering provider, specializing in reducing overall cost of risk and ensuring business resilience. With over 200 engineers in 35 countries, the company offers extensive industry experience and technical expertise in high-value, high-complexity risks across various sectors including power and utilities, chemical and pharmaceutical, semiconductor, steel, automotive, telecoms, distribution, food, and retail. They provide property risk engineering, business interruption, and related services to insurers, brokers, corporate risk managers, and their customers.

Founded in 2008, Paragon Risk Engineering operates independently of any insurance company or broking entity as part of the Sigma7 group of companies. The group offers a wide range of specialized services including forensic post-loss accounting, business interruption pre-loss assessments, worldwide security threat monitoring, online e-training for site personnel, and financial risk due diligence.

Being in the insurance industry, Paragon Risk Engineering presents an intriguing investment opportunity for venture capitalists seeking exposure to the risk management sector. However, specific details regarding their last investment, the amount invested, and the involved investors are currently not available. As the company continues to expand its global presence and solidify its position as a leading risk engineering provider, it presents potential for strategic investments to capitalize on the evolving landscape of risk management.