Marsh selects new global renewable energy leader

Exec brings two decades of clean energy risk experience to the position

Marsh selects new global renewable energy leader

Insurance News

By Ryan Smith

Marsh has announced the appointment of Michael Kolodner (pictured above) as global renewable energy leader for Marsh Specialty. He will be based in Boston and will report to Andrew George, global head of energy and power for Marsh Specialty. Koldner succeeds Hamish Roberts, who has taken a new role as Marsh’s UK and Ireland specialty growth leader.

Kolodner, who currently serves as US power and renewable energy leader, will maintain his current responsibilities while also leading a team of more than 250 renewable energy specialists around the world.

Kolodner has more than 20 years of operational, brokerage, advisory and underwriting experience in clean energy risk and insurance management. He is a former US Navy nuclear submarine officer, and has served as risk manager for Exelon Corporation, leader of Marsh’s US nuclear energy practice, and vice president of underwriting for Nuclear Electric Insurance.

“As the global energy industry continues to evolve, we are looking for ways to help it accelerate the transition to cleaner energy sources and technologies,” George said. “To do that, it is critical that we maintain our focus on providing innovative risk and insurance solutions to operators, developers, and investors around the world. I am confident that under Mike’s leadership, we will continue to foster the innovation and agility required to support the increased demand for renewable energy sources.”

“The risk landscape is becoming increasingly complex for energy companies,” Kolodner said. “From technological advancements and supply chain complexities to shifting regulatory requirements and extreme weather events, the industry needs an experienced risk advisor that can bring tailored risk and insurance strategies to their unique needs.

“Marsh’s renewable energy team supports more than 2,000 clients operating more than 640 gigawatts of renewable energy production through wind, solar, hydro, energy storage, and biomass. I am excited to be part of Marsh’s global team of energy specialists to help enable renewable energy initiatives.”

Related Stories

Keep up with the latest news and events

Join our mailing list, it’s free!