Gallagher appoints energy insurance veteran to newly created role

Gallagher has appointed Ian Picton as its new head of energy transition.

In the newly created role, Picton will be responsible for supporting energy clients that already operate in the low-carbon and renewable energy space and those firms that are currently making the change from traditional energy propositions.

He will also work closely with Gallagher’s climate solutions division to provide clients with specialist risk management and insurance advice.

Picton said: “We recognise that those clients with interests outside of the traditional energy segments require an alternative approach with a specialist broker, who is able to identify the differing risks these projects face and provide bespoke insurance solutions.

“We engage clients during their initial research, finance and acquisition stages, through to the construction and operational lifespan. This is a fantastic opportunity for us to build on our existing capabilities with a dedicated team resourcing to support clients with their specific transition needs.”

Experience

Picton, who joined Gallagher in 2020, has over 18 years’ experience in energy insurance, having started his career at Willis in 2007 as an energy broker.

He moved to Marsh in 2012 and then spent five years as an energy underwriter based in Singapore for XL Catlin and Argenta.

In his new role, he will report to managing partner Matt Byatt.

Byatt said: “We have worked with many clients undergoing a transition to cleaner energy over recent years and the creation of this dedicated role and supporting team working alongside our climate solutions practice, provides a market leading solution and gives clients access to the very best risk management and broking knowledge.

“Picton has an extensive track record and we are thrilled he is moving to this pivotal role in our energy operations.”