Pioneer launches Operational Power division

Pioneer Underwriters (‘Pioneer’) announces a new operational power underwriting capability. The team consists of Tom Wilson and Stuart Brazier and will report to Eamon Brown, group director of underwriting.

Writing globally on Lloyd’s paper, the new division will offer flexible insurance solutions to independent power station owners, operators and utilities. Initially providing up to US$40m in leading insurance capacity, the new division will focus on risk informed underwriting, delivering an enhanced service and feedback to brokers and clients. They will also offer bespoke products for the biomass and waste to energy industry.

Wilson has over 30 years’ experience in international energy markets and joins from Inter Hannover where, as engineering manager for their global operational power portfolio, he led the in-house risk evaluation and rating assessment processes. He has also held a wide range of senior positions and executive directorships in power plant operations management and wholesale energy trading.

Brazier has 20 years’ experience in the insurance industry. Most recently he headed the global power portfolio at Inter Hannover. He previously held senior roles at JLT Risk Solutions and Marubeni Corporation, having started his career at Norwich Union.

Darren Doherty, CEO of Pioneer Underwriters, commented:

“I’m very pleased to welcome Tom and Stuart to Pioneer, whose depth of knowledge and understanding of the power industry positions them perfectly to launch and build our newest division. Their track record of risk informed, agile and disciplined underwriting based on helping their clients improve risk management and loss control, brings further expertise to the company as we continue to develop as a leading insurer.”
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