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First-year renewable energy insurer names chief underwriting officer, NAIC selects its officers for 2024, Utah-based PCF insurance promotes new CEO and more.
By: | December 6, 2023

kWh Analytics Names Isaac McLean as Chief Underwriting Officer

Isaac McLean has been appointed as the new chief underwriting officer at kWh Analytics, an insurer that launched in January of this year, providing coverage for renewable energy assets. McLean will lead the company’s underwriting team and focus on the expansion of its property insurance offering.

“Isaac’s extensive experience building catastrophe-exposed property insurance programs from the ground up has proven invaluable in scaling our property offering to support the rapid expansion of renewable energy projects,” said Jason Kaminsky, CEO of kWh Analytics.

McLean, who has over 18 years of insurance experience, previously served as head of property insurance at kWh Analytics. Prior to joining kWh Analytics, he spent 14 years at ICAT Managers developing natural catastrophe-exposed property insurance programs.

“I am honored to work alongside an experienced, mission-driven team committed to underwriting products that enable the financing of renewable assets,” McLean said.

Sandy Smith Joins ICW Group as Vice President, Risk Management

Sandy Smith, vice president, risk management, ICW Group Insurance Companies

ICW Group Insurance Companies appointed Sandy Smith as vice president of risk management. Her role will involve leading the company’s loss control services, focusing on workplace injury prevention for workers’ compensation policyholders across the U.S.

“Sandy’s proven track record of reducing the frequency and severity of losses through proactive risk management applications will help us continue to serve our policyholders and protect workers,” said Paul Zamora, senior vice president, workers’ compensation for ICW Group.

Smith brings over 30 years of experience in risk reduction. Prior to joining ICW Group, she led the policyholder services team for EMC Insurance Companies and held risk improvement positions at Continental Western Group and Liberty Mutual. In her new role, Smith will oversee a team of risk management specialists, driving the development and implementation of risk management strategies to safeguard workers’ comp customers.

“I look forward to leading ICW Group’s team of risk management professionals to continue to provide the exceptional service they are known for,” Smith said. “I’m also excited about ICW Group’s vision of becoming a top-tier multi-line carrier.”

NAIC Elects Officers for 2024

At the conclusion of the NAIC Fall National Meeting in Orlando, Florida, in December, members of the National Association of Insurance Commissioners (NAIC) elected the officers that will serve in 2024.

President: Andrew N. Mais, Commissioner of the Connecticut Insurance Department since 2019, will serve as president.

President-Elect: Jon Godfread, North Dakota Insurance Commissioner since 2016, has been named president-elect. 

Vice President: Virginia Insurance Commissioner Scott A. White will serve as vice president. White has been serving in his role as his state’s commissioner since 2018.

Secretary-Treasurer: Rhode Island Superintendent of Financial Services Elizabeth (Beth) Kelleher Dwyer has been named secretary-treasurer. She was appointed to her role as superintendent in 2016, and since May 2023, has also served as Director of Rhode Island’s Department of Business Regulation.

The newly elected officers will assume their duties on January 1, 2024.

PCF Insurance Services Appoints Felix Morgan as CEO

Peter C. Foy, founder and chairman, PCF Insurance Services

Felix Morgan, CEO, PCF Insurance Services

Founder and chairman of Utah-based PCF Insurance Services Peter C. Foy has transitioned out of his former role as CEO. Felix Morgan, CFO & COO, has stepped into the chief executive officer position. Morgan has been with PCF since 2021.

“Felix will continue his leadership of our company as we drive expansion and value for partners, investors and agencies. I’m excited to hand this role to a trusted partner who can lead PCF into the future,” Foy said.

Morgan brings over 20 years of leadership experience, with a strong track record in mergers and acquisitions, private equity, capital markets and growth achievement. As CEO, he will continue to spearhead the company’s growth strategy.

Foy will focus on internal and external relationships and supporting M&A activities.

“Peter is a true pioneer and visionary of our industry. With him stepping into this role and freeing him from day-to-day operations, I’m confident that PCF will reap the benefits of his innovative and strategic vision,” Morgan said.

Benjamin C. Eggert Appointed as Co-Chair of Insurance Practice at Wiley Rein LLP

Benjamin C. Eggert, partner, co-chair of the insurance practice, Wiley Rein LLP

Law firm Wiley Rein LLP of Washington, D.C., recently appointed Benjamin C. Eggert as co-chair of the insurance practice. He will be serving alongside Kimberly M. Melvin, succeeding Daniel J. Standish, who led the team for 14 years.

“With Ben’s enthusiasm and collaborative approach, I know that he and Kim will further propel the team’s growth for years to come,” said Peter D. Shields, managing partner at Wiley Rein.

Eggert, who joined Wiley 15 years ago, has been instrumental in managing high-stakes matters for insurance and reinsurance companies across various coverage contexts. He is renowned for representing commercial property insurers in the first coverage disputes related to COVID-19 business interruption.

“His thought leadership is a great asset. Not only is he a great mentor to many attorneys in our practice, but his dedication also inspires cross-practice collaboration,” his co-chair, Melvin, said.

Eggert expressed his excitement about the new role, stating, “I am very proud of the capabilities our insurance practice has built throughout the years, and I look forward to working more closely with all of our clients while also promoting our firm’s deep bench in my new role.” &

The R&I Editorial Team can be reached at [email protected].

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