Reinsurance News

GCube adds three to offshore wind team

22nd October 2020 - Author: Matt Sheehan

GCube, a provider of insurance services for renewable energy projects, has announced the addition of three new underwriters to its offshore wind team.

The hires include Joshua Cantwell, Zoe Massie and Georgia Ward.

Prior to joining GCube, Cantwell held the position of Class Underwriter and then Interim Head of Energy for Talbot Underwriting.

In this role, he was responsible for the global Upstream portfolio and has been directly managing the Upstream London team over the course of the past year.

At GCube, Cantwell will be based in the firm’s London office and will have global remit for the development of its offshore book in Asia and North America.

Massie, meanwhile, previously held the role of Offshore Energy Underwriter at Allianz Global.

She will bring her experience in Onshore Construction, Cargo, Terrorism and Downstream Energy books of business to her new role as Underwriter for GCube.

And finally, Ward has been appointed to assist with the increased volume of business since the GCube’s acquisition by Tokio Marine HCC.

“Our new hires in the offshore space mean GCube has by far the largest dedicated offshore wind team compared to any of our peers in the market,” said Fraser McLachlan, CEO of GCube.

“We are pleased to welcome talent across all aspects of the business, from people who show early signs of promise to senior specialists with wide-ranging expertise.”

McLachlan continued: “Following our US team’s reorganization, we are looking forward to its growth as we continue to announce new hires for this side of the business. This additional staffing and capacity will allow us to more effectively serve our client’s needs, especially as the market continues to harden. Our clients have come to expect a market-leading track record of reliability, and we are delivering it beyond expectation. We are very excited about the prospects for 2021 and beyond.”

“Ultimately, our expertise and experience in the sector will be vital as the market moves out of subsidies. GCube’s acquisition by Tokio Marine HCC earlier in the year means we can continue to expand our team both on the underwriting side and claims side to meet greater demand for high-quality insurance services across the sector.”

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