Global insurance broker Gallagher has announced the appointment of Steve Munday as Managing Partner of Natural Resources.
In his new role, Munday will be responsible for further developing Gallagher’s client portfolio, services and capabilities in its renewables practice area.
He will report to Julian Raven, CEO of Natural Resources, and work alongside Duncan Gordon, Head of Renewable Energy at Gallagher.
Munday brings nearly 40 years of insurance industry experience, having specialised in the developing renewable, clean and low-carbon energy transition sectors for the past two decades.
He joins Gallagher from WTW, having led its global renewable practice and London renewables team for the last ten years.
Prior to that, he was Renewable Energy & Power – International Leader at Marsh, responsible for delivering London Specialty capability directly to global clients and Marsh Global Network offices in the Renewable Energy & Power space.
Earlier in his career, he held roles at Aon Risk Solutions, Jardine Lloyd Thompson, General Accident Insurance, Legal & General and RSA.
Raven commented, “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.”
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.”
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.”
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