Paratus Appoints New Senior Leadership to Drive Expansion into Asset-Backed Optimisation
Paratus has announced two key senior appointments to its leadership team: Alastair Vere Nicoll as Chief Strategy Officer and Stuart Dee as Chief Risk Officer. These moves come as the specialist energy price risk insurance provider enters a new growth phase, expanding from pure insurance into asset-backed optimisation and targeting broader industrial manufacturing sectors. The company is experiencing significant momentum following its first renewables insurance business launch in early 2025. Paratus is currently on track to reach $100 million in gross written premiums and fees by the end of 2026. The new executives bring high-level experience from major institutions including BP, Centrica Energy, Morgan Stanley, and JP Morgan to support this scaling effort.
Topics: energy insurance executive appointments renewable energy risk management