Anne Marie Towle is the CEO of Global Risk & Captive Solutions at Hylant. Since joining Hylant, Anne has grown the company’s captive consultancy into a powerhouse, earning U.S. Captive Review’s Captive Manager of the Year award. Prior to joining Hylant, Ms. Towle was an executive vice president with JLT and formerly a senior consultant with Willis Towers Watson for over seven years. In this episode, Anne shares her experience in the insurance industry, what a captive is, and when it makes sense to take on a captive based on company or property size.

Key Takeaways:

• A little bit about Anne and her role at Hylant.

• How did Anne discover the insurance industry?

• There are a lot of different launch paths when you join the insurance and captive field.

• When does it make sense to look for captive solutions?

• Anne shares what it’s like pushing forward as a woman in a male-dominated industry.

• No matter where you are in your career, you should have your personal board of directors.

• Surround yourself with the people you enjoy spending time with, and grow together.

• Life is never perfectly balanced. You’ve got to walk the line a little bit between career growth and family. Anne likes to look at it year-by-year instead of day-by-day.

• Education is highly important throughout your career. You need to educate yourself along with educating your team on the latest methods/processes/technologies.

• There are a lot of captives overseas. Why is that?

• Where can a younger professional learn more about captives?

• What advice would Anne give to her younger self?

Mentioned in This Episode:

Hylant.com

Anne on LinkedIn

Iccie.org

Michael Galea is a seasoned Senior Underwriter at GCube Insurance Services Inc., with a decade of experience specializing in offshore wind projects and other renewable energy initiatives worldwide. Michael delves into his journey into underwriting, the challenges and triumphs he has faced at GCube, and his approach to delivering difficult news to clients.

In the second half of the show, Peter Nadel joins the podcast as the Director of Member Relations and Marketing at Energy Insurance Mutual (EIM). On the show, Peter delves into his new role at EIM, the unique aspects of industry mutuals compared to other insurance models, and his seamless transition from Marsh to EIM while maintaining positive relationships.

Key Takeaways:

• A little bit about Michael and the work that he’s doing at GCube Insurance.

• How did Michael get into underwriting?

• Michael shares a moment in his career at GCube that he’s really proud of.

• Michael offers tips for when you have to give bad news to a client.

• Give people bad news early and in person.

• Michael shares his focus on the renewable energy space in the upcoming years.

• A little bit about Peter and his work at EIM.

• What is an industry mutual and how is that different than other insurance mutuals?

• How did Peter get into insurance?

• Peter recently left Marsh, but yet he’s here at the Marsh’s Energy Conference with no bad blood. Peter explains why it’s important to communicate and be honest about your needs.

• What’s the difference between an industry captive vs. an industry mutual?

• Peter understands how much work goes behind this podcast and appreciates being on the show.

Mentioned in This Episode:

Marsh.com

GCube Insurance

Michael on LinkedIn

2024 Energy Industry Conference

Peter on LinkedIn

Energy Insurance Mutual Limited

Yan Veytsman is a Senior Account Executive at Marsh, specializing in risk management for large-scale projects, particularly within the renewable energy sector. Yan has successfully placed multiple construction and operational insurance policies for projects exceeding $100 million. His expertise shines in navigating the complex risks associated with natural catastrophes and developing innovative insurance solutions for the burgeoning renewable energy industry. In this episode, Yan discusses the intricacies of managing risks in the renewable energy sector, and why it’s slightly more difficult than traditional tried-and-true industries.

We also have Senior Vice President of Power & Renewables, Fred Wass, make a special guest appearance. Fred has been involved in the energy sector for the last 39 years and currently oversees Marsh’s Energy Practice. In his segment, he offers some insight into the energy sector as a relatively new insurance professional himself.

Key Takeaways:

• A little bit about Yan and how he found his path in risk management.

• What interests Yan about renewable energy?

• Renewable energy is an industry that’s still developing, so Yan has some room to innovate and define a new model for how to run some of his accounts.

• Why can’t we use other models in different industries and put them in the renewable space? Why is it so different?

• With every single venture that Yan’s been involved in, he’s having to figure it out from scratch. There are too many variables to consider that don’t quite transfer over from the old tried-and-true models from well-established industries.

• How has the oil and gas industry been adapting to the renewable energy sector?

• Does it still make sense to invest in oil and gas?

• Katie introduces a new guest, Fred Wass.

• How did Fred get into this field and why has he stayed for the last 39 years?

• Fred developed power plants in Pakistan early in his career, but he fell into the insurance industry about 10 years ago.

• Fred believes it’s a lot easier today to talk to people within your industry and company than it was five years ago.

• Fred is excited for the future! There’s so much to do and there’s a lot more to come in the next 10 years.

Mentioned in This Episode:

Marsh.com

Yan on LinkedIn

Fred on LinkedIn

2024 Energy Industry Conference