Andy Cox, Howden Head of energy transition
20 March 2023Analysis

Howden appoints head of energy transition

Howden has appointed Andy Cox as head of energy transition, effective immediately.

According to the broker this appointment underlines Howden’s continued investment in, and commitment to, insurance as a solution to the world’s transition to a low-carbon economy, and as a force for good.

Cox is based in London and brings with him over 30 years of experience in the energy sector. He will support practitioners from across Howden as they advise clients and investors on de-risking their financing into energy transition projects, as well as guiding the development of new products.

Cox previously served as a partner at KPMG, where he was UK chair of energy & natural resources. He was responsible for KPMG’s advisory and consulting services across a range of oil and gas and power and utilities clients. He oversaw KPMG’s key relationships in the sector and played a leading role in addressing the energy transition for some of its most prominent clients. Cox also established KPMG’s Global Energy Deal Advisory team, supporting clients with strategy, origination, valuation, due diligence and execution through to integration and/or separation.

David Howden, chief executive of Howden, said: “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.”

“Our clients are increasing their investments into the energy transition by the billions and it is crucial that we have expert talent to identify how to mitigate and manage the risk,” added Charlie Langdale, head of climate risk and resilience, Howden. “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. Andy’s unique expertise and perspective will be key to helping our clients realise their growth opportunities that would otherwise be unavailable.”