MGA’s Volt Underwriting, established to support clients and brokers active in the energy sector, has updated its binder underwriting conventional and renewable energy generation and midstream risks, increasing its line size to $50 million in 2026.
As part of the renewal, Volt reportedly received expanded coverage that provides MGA with coverage for traditional power construction risks, in addition to its existing power and energy risk capabilities.
All capacity to support adhesives continues to be provided by the Lloyd’s consortium, underscoring the market’s continued appetite for energy-related risks in the transition to low-carbon energy.
Andrew Tokley, chief underwriting officer at Volt, commented: “The growth of data centers and
The growth of global electrification is driving rapid changes across energy markets.
“We have expanded our offering to support customers investing in and building new gas-fired power and renewable energy projects. This is consistent with the expansion of our midstream offering and reflects our view that natural gas distribution will play a key role in the energy supply chain.”
Chris Allison, chief executive of Volt Underwriting, said: “We are delighted to receive this recognition, both for our approach to underwriting and the results we deliver. I would like to thank our existing partners, brokers and clients for their continued support.
“We are particularly excited to welcome two new markets as we enter our second year. Volt is growing as planned while expanding our offerings and developing top underwriting talent. We look forward to continuing this upward trend as we enter 2026 and beyond.”
