The energy sector is undergoing a significant transformation, as organisations strive to achieve net-zero targets while ensuring energy security and sustainability. This shift necessitates collaboration among stakeholders, including traditional and non-traditional energy companies, to effectively identify and address the multifaceted risks that can disrupt the transition.
Insurers play a critical role in this process by providing essential risk capital that supports investments in innovative technologies and infrastructure. At the same time, those businesses that invest in robust risk management strategies will be better able to withstand evolving and emerging risks that could derail their investments.
In this episode of Risk in Context, Amy Barnes, Marsh’s Global Head of Energy & Power, speaks with Andrew Herring, Global Chair for Energy & Power, and Mike Kolodner, Marsh’s Energy & Power Leader for the US. They discuss the numerous risks that energy and power organisations face and the important role of the insurance industry in helping these businesses address their risks and continue to innovate. They also share some of the key learnings from last month’s CERAWeek.
Global Head of Energy & Power, Marsh
United Kingdom
Amy Barnes is Marsh’s Global Head of Energy & Power and also heads Marsh’s Climate and Sustainability strategy. Prior to this she held a number of leadership roles with Marsh’s global energy, power, and renewables business. She has a respected depth and breadth of experience assisting some of the largest and most complex companies manage risks.
CEO, Energy and Power, Marsh Specialty UK
United Kingdom
Andrew Herring assumed the role of CEO of the Energy and Power Practice for Marsh in the UK in 2013. He has had an extensive career as an insurance broker in a number of different organisations, but always based in the UK, and always dedicated to the energy and power sectors.
Energy & Power Leader
United States
Mike Kolodner is Marsh’s Global Renewable Energy and US Power Leader. A former US Naval nuclear submarine officer, he has more than 20 years of operational, brokerage, advisory, and underwriting experience in clean energy risk and insurance management. Based in Boston, he leads an integrated team of more than 250 renewable energy specialists around the world.
