17 July 2017Insurance

GCube poaches RSA duo in London to drive expansion plans

Specialist renewable energy insurer GCube Underwriting has appointed Steve Allen as director and Adam Hearn as senior underwriter in its London office.

Allen and Hearn join GCube from RSA Group, where Allen served as engineering, construction and renewable energy director, and Hearn had over twenty years of experience as an underwriter in the power and engineering sectors, specialising in renewable energy.

As part of his role at RSA, Allen oversaw the underwriting team with a particular focus on power generation risks including renewables. At GCube, he will be responsible for expanding the underwriting platform across new classes and defining the global growth strategy for new territories.

Hearn was responsible for underwriting renewable energy assets in emerging markets including South Africa, the Middle East and Australasia at RSA. In his new role at GCube, Hearn will focus on solar and wind energy in the emerging markets.

"Steve and Adam’s respective track records and the breadth of their experience in the space speaks for itself, and we’re looking forward to welcoming them to what is already a dynamic underwriting team," said Fraser McLachlan, chief executive officer of GCube.

"Having worked on a significant portfolio of renewable energy assets in markets around the globe, Adam and Steve will be a great fit for us, and their expertise will be an invaluable asset to GCube going forwards."

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