Will help clients address risks associated with growing demand for cleaner and sustainable power generation

Substantial investment in renewable power across Europe, the Middle East and Africa (EMEA) is being fuelled by consumer demand for cleaner sources of power generation and increasingly stringent government targets, amid growing concerns about climate change and sustainability. To assist clients in managing the risk and insurance issues associated with renewable power and low carbon technologies, Marsh, the world’s leading insurance broker and risk adviser and a wholly-owned subsidiary of Marsh & McLennan Companies, today launches its EMEA Renewable Power & Cleantech Practice.

Marsh’s Renewable Power & Cleantech Practice brings together knowledge across the company’s Construction, Power and Energy teams in EMEA, delivering consistent insurance and risk advisory expertise to clients engaged in the development and operation of low carbon, sustainable power generation..

The Practice will be led by Marsh veteran Mark Popplewell, who will be supported in his role by Renewable Power & Cleantech Leader, Steven Munday based in London. Mr Munday will use his in-depth knowledge of the low carbon power sector to access and deploy Marsh’s resources where required by clients across the EMEA region.

“National governments are increasingly turning to renewable, sustainable and low carbon sources for their power generation; 2010 was the third consecutive year in which more renewable power capacity was installed in European Union countries than from conventional sources such as coal, gas and nuclear,” said Mr Popplewell.

“By harnessing our colleagues’ expertise across the EMEA region, Marsh is in a prime position to deliver the insurance and risk management services our clients require to capitalise on the opportunities the flourishing renewable/cleantech power sector presents.”