Gallagher today announced the appointment of Steve Munday as managing partner of Natural Resources. In his new role Steve will be responsible for further developing Gallagher's client portfolio, services and capability in its fast-expanding renewables practice area.
Steve joins Gallagher from WTW, having led its global renewable practice and London renewables team for the last ten years. He has specialised in renewable risks for over 20 years, and the energy, construction and project finance sectors for over 30 years, having started his career as an underwriter.
He has deep experience of independent power producer, power & utility plus oil & gas companies operating globally and brings extensive connections and insights in the developing renewable, clean and energy transition sectors. He will report to CEO of Natural Resources, Julian Raven and work alongside Duncan Gordon who is head of renewable energy at Gallagher.
Commenting on the appointment, Julian Raven said: "Steve is a fantastic recruit and will be an outstanding addition to our team, bringing extensive industry experience and a strong track record of advisory, consulting, and transactional experience to deliver a best-in-class client experience. The renewables sector is seeing record-breaking expansion and with Steve joining our growing practice we are perfectly placed to capitalise on this growth and support clients with their evolving risk and insurance needs. We welcome him to the team."
Duncan Gordon added: "Our approach is to offer clients specialist capability and customised risk management solutions that align with their bespoke needs. Steve joining the team further extends our experience and he will play an important role in supporting clients through all aspects of their individual risk profile."
Steve Munday said: "What attracted me to Gallagher was its people driven culture, proven success in the natural resources space, together with its strategic commitment to lead and continue developing best in class speciality solutions for global clients navigating the evolving and increasingly complex risk and insurance landscape in global renewable energy, low carbon and clean technologies industries. I am delighted to be joining the team where I can use my client, sector and geographical experience to create long-term value and insights."