Alesco Risk Management Services has added Jon Parker as Executive Director to head up the power team within its Specialty energy practice.
Parker has over 30 years’ experience in the sector and he has spent much of his career working for clients in the US and Latin America and joins from Ed Broking, where he was Head of Downstream.
Prior to this he held senior roles at Guy Carpenter, HSBC and Heath Lambert.
Meanwhile, Charlie Lech will take on the role of Partner in Jon’s team. He has over 10 years in the power sector and also joins from Ed Broking, having previously worked at Price Forbes & Partners.
Lech has a background in the US & international market and extensive experience in market placement. Charlie’s focus will be assisting in building the Alesco client portfolio globally.
Commenting on his new role, Parker said, “My first impression of the team is really positive and I have been impressed by the broad level of expertise we have across a number of different niches within power.
“Alesco’s approach of ensuring clients get access to insurance professionals that really know their market was a really attractive proposition to me, and I am delighted to be joining to lead our growth aspirations.
“Over the last few years the power insurance market has seen significant challenges; risks to the business have evolved, capacity has been hit and rates have been increasing, so the role a specialist broker plays is now more important than ever. This changeable market also gives Alesco plenty of opportunities to demonstrate its expertise and grow its client base.”
Jonathan Smith, Managing Partner of Alesco’s energy practice, added: “We are very pleased to welcome Jon and Charlie on board. Both have in-depth knowledge of the power insurance market and bring a wealth of knowledge in the development and management of insurance programmes on a global basis.”
