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27 September 2019Insurance

AXA XL’s New Energy Risk plans business expansion with strategic hires

New Energy Risk, an affiliate of global insurer AXA XL, has made several key hires and promotions to drive its future growth strategy as the company plans expansion into new technology sectors.

The company has appointed Matt Lucas as managing director, business development, and Dvorit Mausner as director of execution.

Lucas will lead New Energy Risk’s expansion into new technology sectors, geographies, and products, while Mausner will support the streamlining and management of the entire client experience.

Additionally, the company has also promoted Sherry Huang to chief actuary, and Brentan Alexander to chief commercial officer in addition to his existing role of chief science officer.

Tom Dickson, CEO of New Energy Risk, said: “As we look toward the future, New Energy Risk seeks to expand its business and associated benefits to novel technologies across new sectors and geographies, and provide support for a greater variety and size of projects."

“As the renewable energy sector continues to explode, technology providers are increasingly looking to New Energy Risk to help take revolutionary technologies from development to deployment and commercial scale. By bringing on Matt to lead business development and Dvorit to streamline operations, we expect to better serve an increasing number of clients with a more efficient process.”

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