Reinsurance News

Northcourt appoints industry veteran, Ed Butler as a Senior Adviser

10th October 2022 - Author: Jack Willard

Northcourt, the Optio Group subsidiary and underwriter of international nuclear risk, has appointed Ed Butler as a senior adviser.

handshake-close-up-photoWithin this role, Butler will help raise Northcourt’s profile within government and the nuclear sector as a leading global authority within the nuclear insurance industry.

He will also report to Optio executive chairman Matthew Fosh, and also work alongside Northcourt chief executive, Alan Rickett and fellow consultant and respected authority on nuclear risk, Mark Tetley.

Moreover, as a senior adviser, Butler will also further support Northcourt in achieving its strategic ambitions, positioning and optimising the business to meet the shifting needs of its nuclear clients.

Overall Butler almost four decades of industry experience towards the role. Over the last fourteen years, Butler has been working within commercial risk consultancy and terrorism reinsurance.

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At the same time, Butler will also bring deep levels of knowledge and expertise within the geopolitical, intelligence, risk, resilience, nuclear and insurance sectors, towards his new role at Northcourt.

Commenting on his appointment, Butler said: “I’m delighted to be joining Northcourt as a senior advisor and helping them build out their reach and develop new capacity.  It’s an exciting time for the nuclear industry as the UK commits to an extensive programme investing in both large-scale reactors and small and advanced modular reactors.  The insurance industry needs to match the New Nuclear strategy with innovative and long-term cover which provides the UK with a sustainable and secure clean energy capability.”

Fosh, added: “I am excited to welcome Ed at such a pivotal moment for the nuclear industry, as it prepares to play a key role in global government plans to decarbonise their economies and hit ambitious net zero targets.  Northcourt is alive to both the challenges and the international nuclear industry’s need for attentive, creative and innovative solutions. Ed’s appointment is very much a signal of Northcourt’s intent to be a front runner in that and a powerful enabler of the nuclear industry’s future.”

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