Castel poaches Albus Underwriting exec to boost renewable energy unit

Castel Underwriting Agencies has boosted its renewable energy underwriting unit with an experienced hire from Albus Underwriting.

Matthew Melville joins from Albus Underwriting and brings Castel 20 years’ experience of the renewable energy sector. He was previously chief underwriting officer at GCube Underwriting 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.

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.

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.”

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