MNK Re strengthens power division with key rent

MNK Re has strengthened its power division with the appointment of Mark Ritson (pictured above) as director of power.

Ritson joins MNK Re with over 30 years of expertise in power insurance coverage broking, overlaying upstream and downstream power, energy technology, and renewable power tasks worldwide.

He’ll work alongside the corporate’s present power group, with a deal with increasing MNK Re’s enterprise and rising its power portfolio.

Identified throughout the worldwide insurance coverage market, Ritson has explicit experience in Latin American power tasks. His earlier function was at Amwins, the place he guided shoppers by a difficult market surroundings marked by rising costs.

MNK Group CEO Manoj Kumar famous Ritson’s in depth expertise and world community, stating that his appointment positions MNK Re to raised help shoppers in navigating the numerous transformations anticipated within the power sector within the coming years.

Ritson expressed his enthusiasm for becoming a member of MNK Re throughout a interval of development for the corporate. He famous the alternatives throughout the power sector and emphasised MNK Re’s benefit in its sturdy connections with underwriters throughout each conventional and different markets.

He additionally highlighted the agency’s capability to supply shoppers with versatile options as a key think about its ongoing growth. The corporate’s power division is predicted to proceed its deal with delivering specialised merchandise to assist shoppers in a altering market.

A couple of weeks in the past, the impartial reinsurance dealer introduced the appointment of Simon Ashby as government managing director and world chief industrial officer.

Ashby brings almost 40 years of expertise within the insurance coverage and reinsurance industries, having held senior positions in each broking and underwriting. His profession contains over a decade in Bermuda as managing director of Marsh FINPRO Bermuda.

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