With prior experience in energy insurance roles at both Aspen and SiriusPoint, Richard possesses a deep understanding of the urgent need for climate solutions and the role that insurance and reinsurance will play in this.
Reporting into Gallagher Re’s Head of Marine, Energy & Aviation, Nick Croxford, he will work closely with Gallagher’s wider climate risks teams, across its global business, which are focused on developing solutions that help clients with their carbon emissions reduction and climatic solutions, while developing strategies for climate mitigation and adaptation.
Nick commented: “The insurance and reinsurance ecosystem plays a significant role in driving positive change, and Richard is committed to finding innovative solutions that will both facilitate and kickstart the flow of investment into energy transition technologies/ sustainable energy solutions. As a business, we are determined to be at the forefront of tackling the climate problems we face, and Richard's appointment is a testament to our dedication to this cause.”
Richard added: “I firmly believe that insurance and reinsurance has a crucial role to play in attracting the necessary capital into energy transition technologies. Only through understanding the barriers to entry for the required levels of investment can we begin to create meaningful insurance and reinsurance solutions and facilitate change. This as an extremely important challenge to the industry and one which needs to be faced head on. I am delighted to have taken up this position at Gallagher Re and am looking forward to getting stuck in.”
He will be based out of Gallagher’s London headquarters.
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