PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new office in Miami, Fla., and made three key hires to lead the new location.
PERse’s Miami office will be primarily responsible for the underwriting of renewable energy projects in Latin America. Leading the team in Miami is Marco Broccolo, who joined PERse on February 1.
Broccolo comes to PERse with 17 years of experience in underwriting, risk assessment, engineering, and business development. Most recently, he was Property chief underwriter and executive director for property facultative underwriting and portfolio management for Redbridge Reinsurance Managers, as well as an executive manager of a Latin American property binder.
Prior to 2014, Broccolo was with Assicurazioni Generali, serving as the director of their loss prevention department and senior underwriter for Latin America, and then as the director of commercial engineering in the USA.
Joining Broccolo is Kent Gallego, underwriter, who has transferred to Miami from Newport Beach. The Miami office will be utilizing PERse’s ROW (Rest of World) Facility in their underwriting offering.
Also joining the company are Jeff Richards and Gary Fleming.
Richards joins PERse as a senior underwriter and will underwrite all forms of renewable energy projects. He will also lead PERse’s Bio-fuels and Bio-Mass underwriting facility in the USA and is looking to expand PERse’s entire Bio product offering. Richards has been working in specialty lines underwriting and loss control management since the 1980s, most recently serving as senior vice president and senior underwriter for GCube Insurance Services.
Fleming joins PERse to head up the engineering and loss control division and work in PERse’s technical services division. He is involved in all renewable energy sources and has experience with both battery storage projects and offshore wind energy projects, two growth areas for PERse. Previously, Fleming was senior account engineer for Allianz Global Corporate & Specialty and a founding member of the Allianz Expert Teams for Renewable Power Generation.
PERse can be accessed through retail and wholesale brokers in the renewable space as well as those with traditional energy or property/casualty backgrounds. PERse is part of the RSG Underwriting Managers group of companies and is headquartered in Newport Beach, Calif. with offices in New York, N.Y.; Calgary, Canada; London, England and now Miami, Fla.
The new Miami office is located at 1548 Brickell Avenue – Suite 3.
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