DA Strategy Working With Volt Underwriting

The word from DA Strategy;

MGA Accelerator DA Strategy is pleased to announce today that Volt Underwriting has launched as an approved coverholder, led by Dale Underwriting Partners’ Lloyd’s Syndicate 1729.

Supported by DA Strategy’s Managing General Agent (MGA) Design & Build Service, Volt Underwriting will support clients active in the energy transition sector with initial capacity of $25 million for US and international onshore power and renewable energy risks.

Offering initial coverage for both conventional power and renewable energy clients, Volt will expand its ground-breaking underwriting portfolio in  the months ahead, with capacity set to grow substantially at the important 1 January, 2025 renewal.

With investment backing from BP Marsh, Volt was co-founded by market-leading underwriters Chris Allison (Chief Executive Officer), Andrew Tokley (Chief Underwriting Officer), and MGA management specialist Kevin Cleary (Chief Operating Officer). Together the partners bring more than 75 years’ experience in energy underwriting and insurance management.

Kaj Pankhania, MGA Director, DA Strategy, said: “We are thrilled to introduce Volt UW, an energy transition MGA with best-in-class underwriters to the market. This lightning quick launch has taken great collaboration and firm dedication by all parties to ensure the team were up in running swiftly, compliantly and with scale built into their foundations. The expert Volt UW team is already creating waves in the market and we have no doubt of the impact they will make in bringing innovation to the energy sector, supporting in particular the global transition to renewable energy.

As an MGA incubator, we’re committed to pushing the boundaries of what MGAs can achieve, our strong partnerships with brokers, insurers and regulators to drive growth in the market is unbeatable. Our clients are provided with the support, flexibility and expertise they need to excel in what they do best and we can’t wait to see Volt UW scale over the coming years.”

Chris Allison, CEO, Volt Underwriting, added: “Volt was launched to offer multi-class solutions to energy sector clients  and we are delighted to launch power and renewable energy as the first of those products. We are thrilled to work with Dale as the lead capacity partner. Together we bring a strong proposition to the market.”