Rokstone, the International Speciality (Re)Insurance MGA, part of Aventum Group, has announced the appointment of Ian Green to run a Global Operational Power Generation facility backed by A rated global carriers.
Ian Green, the market’s leading underwriter for Primary Power Generation, will join Rokstone on 01 October 2021 to head up the newly formed Power Generation division. Formerly Director of Energy and Natural Resources for Occam Underwriting, Ian has 20 years’ experience specialising in energy and power, leading the underwriting for the biggest insurers in this sector. He spent four years at Hiscox, five years at Aegis and three years each at Chubb, Aon and AIG. He joins the Aventum family with market leading expertise, long standing and highly developed relationships with all the key stakeholders in the industry and a proven track record in this highly specialist market segment.
Ian’s appointment will complement Rokstone’s existing GWP USD30m Operational Power and Renewables book and allows it to expand into this highly technical and specialised niche area for the long term, with confidence. Rokstone currently has a USD36m line per risk for Facultative Reinsurance and USD22m per risk for Direct business and expects to increase this from 01 October 2021. When Green joins Rokstone from Occam at the beginning of October he will bring his existing book of power generation business over with him, which will continue to be supported by Hiscox.
Simon Morgan, Property Divisional Director at Hiscox, comments: “Ian will continue to have our full support in his new role at Rokstone Underwriting and building on the portfolio he developed with us at Occam.”
Ian Green, Head of Operational Power at Rokstone, comments: “Power Generation is an extremely technical niche area which requires a high level of expertise to deliver consistent underwriting profit through the cycle. Many players have tried and failed over the years – lacking the specialist knowledge required. I’m very fortunate to have had the opportunity across my career to work with some of the best teams in the world. As a class it has its challenges, but with my knowledge, backed by top quality capacity commitment, all driven by Rokstone, we have an exciting winning formula. I’m delighted to be joining Rokstone and the ambitious Aventum Group. I’m genuinely excited to be joining them on this journey to become one of the biggest and the best global (re)insurance specialty businesses in the world.”
Rokstone is one of the world’s largest MGAs, with offices in the UK, Europe, USA, Asia, Africa and the Middle East. It is a leading specialist MGA serving the needs of international (re)insurance brokers in specialty lines business. It currently underwrites USD500m GWP in several specialty lines including Marine, Terrorism & Political Violence, Direct & Facultative Property, Treaty Property, Construction & Engineering and Liability.