Markel promotes Ben House to Director of Energy & Power
In his newly expanded role, House will oversee Markel's
Leading this newly unified team, House will focus on managing an integrated group of experienced underwriters, analysts and risk engineers – driving product innovation, nurturing long-term customer relationships and optimising underwriting processes.
The convergence of Markel's Energy teams reflects the organisation's commitment to supporting energy clients with tailored coverage and providing more effective identification, mitigation and transfer of risks throughout the entire value chain – from production and transportation through to processing, generation and distribution.
House is based in
Davies commented: "The global power sector is experiencing significant growth, primarily driven by renewables and the rising electricity demand, which is expected to increase by 25% by 2030. Concurrently, heightened geopolitical risks – from trade wars to advanced cyber-attacks – threaten critical infrastructure, further underscores the important role of insurance in helping these businesses transfer and mitigate the associated risks.
"Our clients' risks, capital structures and technologies are increasingly converging. Combining Energy and Power will allow us to underwrite portfolios more holistically, use our specialist expertise more efficiently and provide a simpler service, more coordinated experience for brokers and clients – all while better positioning us to support the energy transition across the value chain."
He continued: "Ben's experience of delivering bespoke solutions for clients across the energy sector, together with his strong track record of leading global underwriting teams, makes him ideally suited for this consolidated role. His expertise will play an important part in helping to elevate our leadership profile across the renewable, traditional energy and power generation sectors."
House said: "I'm delighted to step into my new position as Director of Energy & Power at
House started his career at Markel as an upstream underwriter in the Marine & Energy Division, progressing into new energy markets and providing lead capabilities across the upstream and midstream market. In 2018, he was promoted to Head of Upstream – a position he held for five years – before progressing to Director of Energy in 2023. In the latter position, House has played a leading role in developing bespoke energy insurance solutions for clients and building a strong-performing global P&L across multiple international underwriting teams.
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