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Axis appoints two renewables underwriters

Renewables focus: Axis Capital has appointed two underwriters to deal with alternative energy insurance

The insurance business of Bermudian-based Axis Capital Holdings has bolstered its renewable energy team with the appointment of two underwriters.Axis Insurance has named Sam Walsh as a senior underwriter and Mat Pifer as an underwriter in its renewables division.Mr Walsh and Mr Pifer will be jointly responsible for underwriting new and renewal, property and liability renewable energy business in North America, including large wind and solar photovoltaic portfolios, as well as battery energy storage risks. They will report to Tom Cain, head of US Renewable Energy at Axis. Mr Walsh joins Axis from GCube Insurance Services, where he was senior underwriter of onshore wind and solar risks in North America. Mr Walsh has more than ten years of experience in the renewable energy insurance industry, having joined GCube in 2009 as an underwriter. Prior to joining the Axis Renewable Energy team, Mr Pifer spent the past four years working as a senior underwriter in Axis Insurance’s Commercial Management Solutions team where he underwrote public and private D&O risks. Mr. Pifer began his career at Aon in 2011 as a lawyer’s professional liability broker. “The renewable energy sector is enjoying a period of rapid growth, with the global focus on sustainability and combating climate change driving investment in wind, solar and other renewable energy sources,” Mr Cain said. “As a top-five global carrier in renewable energy insurance, we are pleased to further strengthen our capabilities with the addition of Sam and Mat, who both bring significant experience and expertise to our team.”