Marsh Picks Global RE Leader

Marsh has appointed Michael Kolodner (pictured above) as Marsh Specialty’s global leader for renewable energy. Marsh Specialty’s global head of energy and power, Andrew George, will be his boss.

He will work out of Boston. Koldner succeeds Hamish Roberts, who has been promoted to Marsh’s UK and Ireland specialty growth leader.

Kolodner is currently in charge of US power and renewable energy. He will continue to do so while also leading a team of more than 250 renewable energy experts from around the world.

Kolodner has over 20 years of experience managing clean energy risk and insurance. He has experience in operations, brokerage, consulting, and underwriting. He used to be a US Navy officer on a nuclear submarine. He has also served as Exelon Corporation’s risk manager, Marsh’s US nuclear energy practice leader, and Nuclear Electric Insurance’s vice president of underwriting.

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“As the global energy industry evolves, we are looking for ways to help it move faster toward cleaner energy sources and technologies,” George said. “To do so, it’s critical that we maintain our focus on providing new ways for operators, developers, and investors around the world to deal with risk and insurance; I’m confident that under Mike’s leadership, we’ll continue to encourage the creativity and flexibility required to meet the growing demand for renewable energy sources.”

“The risk landscape for energy companies is becoming increasingly complicated,” Kolodner said. “From new technologies and complicated supply chains to changing rules and extreme weather, the industry requires an experienced risk advisor who can help them develop risk and insurance plans that fit their needs.”

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“Marsh’s renewable energy team assists over 2,000 clients in operating over 640 gigatonnes of wind, solar, hydro, energy storage, and biomass power plants, and I’m excited to join Marsh’s global team of energy experts to help make renewable energy projects a reality.”

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