AXIS Insurance expands US renewables book with triple appointment

AXIS Insurance, the specialty insurance business segment of  AXIS Capital Holdings, has made a trio of appointments to expand its renewables book in the US.

Becky Nace-Grover joins AXIS as a senior underwriter, Kamran Hameed joins as a cross-class underwriter, and German Torres as an underwriter. Their responsibilities will include strengthening new and existing broker and partner relationships, as well as developing new business opportunities.

Nace-Grover was previously president of niche underwriting at ProSight Specialty Insurance where she oversaw various specialty portfolios, including the Solar Contractor programme. Prior to that, she spent six years at GCube Insurance Services as an underwriter focusing on wind and solar clients. She will be based in New York and report to Sam Walsh, head of US renewable energy at AXIS.

Hameed was most recently a senior underwriter at Alta Risk, where he worked with an array of renewable energy contractors. Prior to that, he was an underwriter at AIG for six years. In his new role, Hameed will be based in Kansas City and report to Walsh.

Torres is transferring internally from the AXIS property and energy team, where he has underwritten property, political risk and renewable energy business based in Latin America. Prior to joining AXIS in 2019, Torres was a property underwriter at Hannover Re for five years. He is based in San Francisco and also reports to Walsh.

Walsh said: “Given the continued growth of wind, solar and battery energy storage projects in the United States, we are expanding the size of our underwriting team to meet the needs of our insureds and broker partners alike. With their combined industry knowledge and expertise, Becky, Kamran and German will play a vital role in helping us meet the demands of the growing renewable energy market. I am delighted to welcome them to the team,”.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.