Managing General Agent, Castel Underwriting Agencies Limited, has named Matthew Melville to lead its renewable energy underwriting cell.
Melville joins the firm from Albus Underwriting and brings 20 years of renewable energy sector experience.
He previously served as 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.