Reinsurance News

Castel Underwriting appoints leader for renewable energy cell

16th March 2021 - Author: Katie Baker -

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Castel Underwriting Agencies, the club-style MGA formation platform, has appointed Matthew Melville to lead its renewable energy underwriting cell.

Melville joins from Albus Underwriting and brings Castel 20 years’ experience of the renewable energy sector.

He was previously Chief Underwriting Officer at GCube Underwriting Limited and founder and Global Head of Renewable Energy at Axis. He joins Garrod Hill who joined Castel at the launch of the underwriting cell in December 2020.

Mark Birrell, chief executive of Castel, said: “Matt’s expertise in and understanding of renewable energy will play a pivotal role in leveraging the growing demand for coverage in this sector to deliver profitable business.”

Castel’s renewable energy proposition is primarily aimed at asset and revenue protection for wind and solar energy with a book of marine, construction and operating risks, business interruption, general liability, terrorism and natural catastrophe coverages.