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Powered by Marsh FINPRO: Enabling energy infrastructure investment through insurance

Powered by Marsh FINPRO podcast episode 5 explores how Marsh enables its energy and power clients to succeed in the new energy transition.

As organizations adapt to the demands of the energy transition, insurance becomes critical in supporting infrastructure investments and the evolving risks that come with the shift to renewable energy. As a broker, Marsh sees a variety of challenges that energy and power clients face as they attempt to navigate the energy transition.

In this episode of Powered by Marsh FINPRO, host Grace Brighter talks with Mike Kolodner, Managing Director, US Energy & Power Practice Leader at Marsh, to explore how Marsh enables its energy and power clients to succeed in the new energy transition. They discuss the critical role of insurance in facilitating energy infrastructure investments, the evolving management liability risks associated with the transition to renewable energy, and opportunities for growth.

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Key takeaways

Organizations must embrace the energy transition

Executives must recognize the urgency of adapting to the energy transition, understanding that it presents both challenges and opportunities. A proactive approach to integrating renewable energy solutions is essential for long-term success.

“No insurance, no finance. No finance, no project.”

Insurance is essential for enabling financing in the energy sector during the ongoing transition. Without insurance, financing projects becomes challenging, potentially hindering progress in energy infrastructure investments.

Amidst change, opportunities for growth

The current energy transition presents unprecedented opportunities for growth within the energy and power sector. Organizations should focus on aligning their strategies with the evolving landscape, ensuring they are well-positioned to capitalize on new technologies and investment opportunities.

Podcast

Powered by Marsh FINPRO podcast series

Learn more about our podcast series that examines the opportunities and challenges in the energy and power industry due to the energy transition and how to manage the resulting management liability risks.

About our speakers

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Grace Brighter

Assistant Vice President

  • United States

Grace Brighter is an Assistant Vice President within Marsh’s FINPRO Placement Team. She is responsible for working with insurance carriers and negotiating competitive coverage for her clients.

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Sarah Baldys

Senior Vice President, FINPRO Power & Renewables Leader

  • United States

Sarah is a Senior Vice President at Marsh where she leads a national team of FINPRO colleagues with specialized expertise in the Energy and Power sector.

Michael Kolodner

Michael Kolodner

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.