The insurance business arm of Bermudian re/insurer AXIS Capital Holdings Limited, AXIS Insurance, has expanded its renewable energy underwriting expertise with two new hires.
Specifically, Sam Walsh has joined the insurer as senior underwriter and Mat Pifer as an underwriter in AXIS Insurance’s renewables division.
In their new roles, both Walsh and Pifer will report to Tom Cain, Head of U.S. Renewable Energy AXIS. The pair will be jointly responsible for underwriting new and renewal, property and liability renewable energy business in North America, which includes large wind and solar photovoltaic portfolios, and also battery energy storage.
Walsh joins the firm from GCube Insurance Services, where he served as a senior underwriter of onshore wind and solar risks in North America. He joined GCube in 2009 as an underwriter, and brings a decade of experience to his new role.
Pifer has spent the last four years working as a senior underwriter in AXIS Insurance’s Commercial Management Solutions team, where he underwrote public and private D&O exposures. He started his career in the industry in 2011 with insurance and reinsurance broker Aon, working as a lawyer’s professional liability broker.
Commenting on the appointments, Cain said: “The renewable energy sector is enjoying a period of rapid growth, with the global focus on sustainability and combatting climate change driving investment in wind, solar and other renewable energy sources.
“As a top five global carrier in renewable energy insurance, we are pleased to further strengthen our capabilities with the addition of Sam and Mat, who both bring significant experience and expertise to our team.”