GCube Insurance (GCube) has bolstered its North American team with the appointment of three associate underwriters at its New York office. The new hires are part of the company’s strategy to address the skills gap in the renewable energy sector and strengthen its commitment to the long-term sustainability of the insurance market for renewables.
Charlie Madigan, a graduate of Wake Forest University with experience in renewables, Dariano Moore, a St. John’s University graduate with a background in insurance, and Steven Anderson, who joins from Zurich after completing his studies at Montclair State University, will each take on associate underwriter roles.
GCube emphasized that these appointments reflect its belief in the importance of developing specialized expertise to ensure the long-term viability of the U.S. renewable energy market. “At a time when the insurability and bankability of projects is being scrutinised in the US, our investment in new talent underscores our commitment to strengthening the industry’s underwriting capabilities,” said Fraser McLachlan, GCube’s founder and chief executive. “We are in for the long haul, continuing to support our clients with expert underwriting, service and market-leading knowledge, experience and integrity.”
The appointments also signify the first phase of GCube’s expansion plans for the U.S. in 2025, with senior hires expected in the coming months. Despite challenges in the insurance sector, including recent losses affecting insurer and lender appetite, GCube continues to build on its 50% growth since its acquisition by TMHCC in 2020. The company remains focused on its long-term investment in the renewable energy insurance market.
