Ryan Specialty expands global renewable energy offering with new MGU
Specialty insurance firm Ryan Specialty has expanded its renewable energy insurance offering on a global basis with PERse International, a managing general underwriter (MGU) based in London.
PERse International specialises in both onshore and offshore renewable insurance and is a part of the firm’s underwriting specialty, Ryan Specialty Underwriting Managers (RSUM).
Stuart Burchell, head of PERse International, leads the new managing general underwriter with Adam Hearn and Josh Cantwell heading up the onshore and offshore divisions, respectively.
The team has delegated underwriting authority of up to $100 million, and are focused on supporting the global growth of renewable energy.
Burchell commented, “We are excited to join and contribute to the continued growth of Ryan Specialty Underwriting Managers. The team brings longstanding relationships, experience and knowledge in the renewables sector and as part of Ryan Specialty, we have the ideal platform for both growth and innovation within our field.”
Miles Wuller, president and CEO of Ryan Specialty Underwriting Managers, said: “We are excited to deliver renewable energy solutions to our clients globally. We deeply appreciate the support of our carriers as we expand our renewables footprint into the United Kingdom, Europe and Rest of World. We are pleased to have this exceptional team with us, recognised with a fully supported offering.”
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