Ascot, Chaucer & Skuld form renewable energy consortium
Ascot Underwriting and Chaucer have formed a renewable energy consortium in a bid to meet the growing demand of the industry.
The consortium, Renewco Consortium, is jointly led by Ascot and Chaucer and managed by Ascot. Skuld is the third consortium partner.
Initially focused on utility scale onshore wind and Solar PV installations and with a capacity of up to $165 million per risk, the consortium is an alternative to the large non-Lloyd’s insurers and broker-affiliated facilities.
“As the renewable energy market continues to grow and evolve there is increasing demand from our brokers and clients for efficient access to specialist Lloyd’s capacity. By creating a consortium with like-minded first class capital within Lloyd’s, we are generating more meaningful scale and market presence, supporting the expanding renewable energy sector,” said Andrew Brooks, chief executive officer of Ascot.
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom