GCube Reinforces Commitment to US Renewables Market with New Underwriting Talent

GCube Insurance (GCube), a leading underwriter for renewable energy projects, has strengthened its North American team with the appointment of three new Associate Underwriters in its New York office. This move underscores GCube’s long-term commitment to the US renewables sector and its focus on developing specialist underwriting expertise in the class to support market resilience. 

Despite the challenges facing the US renewables market – including an uncertain backdrop of political support and rising exposure to extreme weather - GCube remains fully committed to supporting the sector and growing its business further still. 

A key part of GCube’s long-term commitment to a robust insurance market for renewable energy lies in addressing the skills gap by developing the next generation of underwriting talent. While insurer and lender appetite has been impacted by recent losses, GCube continues to invest in the sector’s future and build upon its 50% growth since acquisition by TMHCC in 2020. 

Joining the New York team as Associate Underwriters are Charlie Madigan, a Wake Forest University graduate with renewables experience, Dariano Moore, a St. John’s University graduate with an insurance background, and Steven Anderson, who graduated from Montclair State University, joining from Zurich. Their appointments reflect GCube’s belief that developing specialist expertise will be fundamental to ensuring the long-term viability and sustainability of the US renewables market.  

Fraser McLachlan, GCube’s Founder and CEO, said: “We’re pleased to welcome Charlie, Dariano, and Steven to GCube. At a time when the insurability and bankability of projects is being scrutinised in the US, our investment in new talent underscores our commitment to strengthening the industry’s underwriting capabilities. We are in for the long haul, continuing to support our clients with expert underwriting, service and market-leading knowledge, experience and integrity.” 

These appointments mark the first phase of GCube’s US expansion this year, with senior hires expected in the coming months.  

GCube | www.gcube-insurance.com