Volt Underwriting bolsters team with new hire

CEO highlights expertise of incoming underwriter
Volt Underwriting bolsters team with new hire
INSURANCE NEWS
By Jonalyn Cueto
03 Jan 2025

Volt Underwriting has announced the appointment of Louis Scott (pictured) as senior underwriter, joining the power and renewable energy team. Scott has been described as a respected figure in the London insurance market.

Scott brings extensive experience to Volt, having most recently served as managing senior underwriter and head of power and utilities at Travelers Syndicate Management. He has built a reputation in the industry by ranking second in the “Energy Underwriter” category in the 2024 Gracechurch Survey of London’s Leading Underwriters, as determined by peers and market brokers. His career spans over three decades, including 12 years at Travelers and more than 20 years in the marine and energy department at Aon.

In a statement, Andrew Tokley, chief underwriting officer of Volt Underwriting, expressed enthusiasm about Scott’s addition to the team. “We’re delighted to welcome an underwriter of Louis’ profile to the team. He’s a widely respected London-market lead underwriter who brings a wealth of experience and knowledge. His appointment will significantly strengthen our underwriting team and elevate our standing in the power and renewable energy insurance sector,” Tokley said.

Scott also shared his excitement about the new role. “I’m excited to be joining Volt. The team has made a great start since their launch, and I’m looking forward to contributing toward their future success,” he stated.

Volt Underwriting, a Lloyd’s Approved Coverholder, is a managing general agent (MGA) established in October 2024 to support clients in the energy transition sector. It provides insurance solutions for global energy clients, focusing on both conventional and renewable energy assets. The company aims to support the energy sector’s transition with adaptable and comprehensive risk coverage.

In December, Volt Underwriting secured a $37.5 million binding authority for 2025, marking a 50% capacity increase. Led by Dale Underwriting Partners’ Syndicate 1729, the expanded consortium includes Tokio Marine Kiln and Blenheim Syndicates.

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