Volt Underwriting, the MGA formed to support clients and brokers active in the energy sector, has renewed its binder to underwrite conventional and renewable power generation and midstream risks, increasing its line size to $50 million for 2026.
As part of the renewal, Volt has reportedly secured an expanded underwriting remit, giving the MGA, in addition to its existing capabilities in operational power and energy risks, scope to underwrite conventional power construction exposures.
All of the capacity supporting the binder continues to be provided by Lloyd’s syndicates, underlining the market’s ongoing appetite for energy-related risks amid the transition to lower-carbon power sources.
Volt Chief Underwriting Officer Andrew Tokley commented, “Data centre growth and the growth
of electrification world-wide are driving rapid change across the energy market.
“We’ve expanded our product breadth to support clients as they invest in and build new gas-fired generation and renewable energy projects. This aligns with the expansion of our midstream offering, reflecting our view that gas distribution will play a critical role in the energy supply chain.”
Volt Underwriting CEO Chris Allison said, “We are delighted to receive this affirmation, both in our underwriting approach and in the results we have delivered. I would like to thank our existing partners, brokers and customers for their continued support.
“It’s particularly gratifying to welcome two new markets to the slip as we enter our second year. Volt is growing according to plan, whilst expanding our product and growing top underwriting talent. We look forward to continuing that upward trajectory as we move into 2026 and beyond.”
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