GCube News

Tokio Marine HCC to Buy MGA GCube, Renewable Energy Specialist

Tokio Marine HCC has agreed to snatch up GCube, a managing general agent with a focus on renewable energy risks. The deal is expected to close in the 2020 second quarter, pending the usual regulatory approval process and other customary …

Why Insurance Claims in Renewable Energy Industry Are Rising

The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark for renewable energy risks, according to an insurer that specializes …

GCube Makes Expands Underwriting and Business Development Team

Newport Beach, Calif.-based GCube has announced that Michael Durning has been named executive vice president of client relations and business development, and Al Caceres has been named senior vice president of underwriting covering all renewables. Caceres will lead the company’s …

GCube Expands Solar Capacity to Half a Billion Dollars

London-based GCube Underwriting Limited, which specializes in insurance services for renewable energy technologies, announced that it has grown its solar property coverage from $300 Million to $500 Million USD for any single solar project or phase. “The news comes at …