International insurance broker Howden has appointed Andy Cox as head of energy transition.
Cox’s appointment underlines Howden’s continued investment in, and commitment to, a low-carbon economy.
Cox has more than 30 years of experience in the energy sector. Based in London, he will support practitioners from across Howden as they advise clients and investors on de-risking the financing into energy transition projects. He will also guide the development of new products.
Cox was most recently a partner and UK chair of energy and natural resources at KPMG.
He was responsible for KPMG’s advisory and consulting services across a range of oil and gas and power and utilities clients.
In addition, he oversaw KPMG’s key relationships in the sector and addressed the energy transition for some of its most prominent clients. Cox also established KPMG’s global energy deal advisory team.
Cox is chief impact officer for the Forward Institute and also non-executive director of the energy and infrastructure team at Browne Jacobson.
David Howden, CEO of Howden, says: “We are committed to the role insurance has to play not only in the here-and-now of climate change — in areas such as disaster relief and loss and damage — but also in helping to build a sustainable, equitable future by working collaboratively with clients and insurers to address the risks of tomorrow.
“To do this we must attract diverse talent into our group and the wider industry as we work to accelerate the insurance market’s role in the global energy transition. Andy’s appointment represents an important step for us as we support our clients on this journey.”
Charlie Langdale, head of climate risk and resilience at Howden, adds: “Andy will be essential in the growth and expansion of our offering. Not only will he support product innovation, but he will ensure that the insurance market plays a part in the largest ever reallocation of capital in human history."
