Reinsurance News

Markel International appoints two senior underwriters to renewable energy team

7th July 2022 - Author: Pete Carvill

Markel International has appointed Matthew Rowland and Clifford Blayney as senior underwriters to their renewable energy team, where they will specialise in offshore wind.

MarkelThe two men will report to Tom Baker, head of renewable energy for Markel International, Blayney and Rowland will be based at Markel’s London office.

Baker said: “Our global renewable energy team has achieved significant growth over the past two years, but these latest appointments, which combine specific offshore wind experience with traditional oil and gas experience, are a fantastic win for us.”

He added: “With Matt and Cliff’s diverse experience and expertise, we have everything we need to continue growing our footprint and to become a leading insurer in the global offshore wind market.”

Rowland has 15 years of offshore wind experience, including underwriting, broking, and more recently as a lead risk and insurance specialist at a large offshore wind developer.

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Meanwhile, Blayney joins Rowland from Markel’s upstream energy team and brings over 10 years of upstream energy experience to his new role. Blayney started at Markel International eight years ago, where his most recent position was senior underwriter for upstream and midstream energy.

Markel International has been bulking out is renewable energy team since last year. Back in November,  it appointed Charlie Richardson, Sarah McCarthy, and Yong Ruay Heah to new roles as head of renewable energy underwriting, underwriter, and assistant underwriter.

A few months later, the firm teamed up with AEGIS to provide expanded reinsurance capacity for onshore renewable energy projects. Under the deal, Markel International said it would provide up to $75m in capacity behind AEGIS for its policyholders’ renewable risks. The reinsurance support provided by Markel was also set to allow AEGIS to offer over $400m in capacity on renewable policies.

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