Markel Insurance, the insurance division of Markel Group Inc., has announced the promotion of Ben House to Director – Energy & Power.
In his expanded role, House will oversee Markel’s Renewable Energy and Power portfolio across the International division, alongside his existing responsibilities as head of Markel’s Upstream, Midstream and Downstream Energy team.
As head of the newly unified Energy & Power team, House will manage an integrated group of underwriters, analysts and risk engineers, focusing on driving product innovation, strengthening long-term customer relationships, and optimising underwriting processes.
He will be based in London and will report to Rohan Davies, Managing Director – London Market.
House began his career at Markel in 2009 as an Assistant Underwriter in the Marine and Energy division and has since progressed into increasingly senior roles, including his promotion to Head of Upstream in 2018.
In 2023, he was appointed Director of Energy, where he played a key role in developing bespoke energy insurance solutions and building a strong-performing global P&L across multiple international underwriting teams.
Davies commented, “The global power sector is experiencing significant growth, primarily driven by renewables and the rising electricity demand, which is expected to increase by 25% by 2030. Concurrently, heightened geopolitical risks – from trade wars to advanced cyber-attacks – threaten critical infrastructure, further underscores the important role of insurance in helping these businesses transfer and mitigate the associated risks.
“Our clients’ risks, capital structures and technologies are increasingly converging. Combining Energy and Power will allow us to underwrite portfolios more holistically, use our specialist expertise more efficiently and provide a simpler service, more coordinated experience for brokers and clients – all while better positioning us to support the energy transition across the value chain.”
He continued, “Ben’s experience of delivering bespoke solutions for clients across the energy sector, together with his strong track record of leading global underwriting teams, makes him ideally suited for this consolidated role. His expertise will play an important part in helping to elevate our leadership profile across the renewable, traditional energy and power generation sectors.”
House said, “I’m delighted to step into my new position as Director of Energy & Power at Markel International. Bringing together our Energy and Power underwriters, analysts and risk engineers will further strengthen our technical underwriting capabilities, enhance innovation and enable us to make even more effective and empowered underwriting decisions – reaffirming clarity of coverage, particularly for complex risks.”
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