SOURCE: GCube Insurance Services, Inc.

GCube Insurance Services, Inc.

November 15, 2011 13:19 ET

GCube Insurance Services, Inc. Continues to Expand US Underwriting Capabilities

NEW YORK, NY--(Marketwire - Nov 15, 2011) - GCube is pleased to announce that John Larisey and Yulia Michael have joined the company, the leading provider of insurance services for the renewable energy sector around the globe.

John Larisey joins the firm as Vice President of Underwriting and Yulia Michael as Assistant Vice President respectively. Both will cover all renewables energy risks.

"We are extremely happy that John and Yulia were able to join the underwriting team at GCube," says John McLane, GCube Insurance Services President. "John brings knowledge of the West Coast brokerage community as well as management and disciplined underwriting experience in power generation risks. His arrival provides underwriting capability in our Newport Beach office and reaffirms our commitment to maintaining a West Coast operation. Yulia brings construction and operating power project risks expertise to our New York underwriting team as well as an established relationship with the East Coast brokerage community."

McLane adds, "GCube Insurance Services, Inc. now prepares to enter 2012 with five underwriters with authority to bind insurance coverage for risks in the wind, solar, biofuels, hydro and hydro-kinetic segments of renewable energy, up from only one at the end of 2010. This dramatic shift in our US posture is just one of the steps we are taking to keep GCube at the front of service and support to the renewable energy community."

John Larisey is a veteran of the insurance industry with 31 years of extensive experience with energy, property and engineered risks. He is recognized as a leader in policy wording and creative alternatives in property and energy insurance.

During his career he worked with several carriers including AIG, AXIS Speciality, Tokio Marine Management and CIGNA Special Risk in underwriting and senior management positions. His experience includes a wide spectrum of industries and underwriting disciplines with emphasis on energy, property and engineered risks.

John graduated cum laude with a BS in Business Management from California Lutheran University and holds CPCU, ASLI, AU, AIC, ARM, AINS and AIS designations.

Prior to GCube, Yulia Michael spent 9 years with Liberty International Underwriters with a progressive advancement in underwriting roles and responsibilities, most recently as Underwriter II for the US Energy and Construction division. Yulia graduated cum laude with a Master's degree in Investment Project Management and a BS in Economics from Gubkin Russian State University of Oil and Gas in Moscow, Russia.

About GCube
GCube is the leading provider of insurance services for renewable energy projects in wind, solar, biofuels, wave, hydro and tidal around the globe. Our specialized focus and robust underwriting authority offers unparalleled property and liability insurance coverage for all construction and operational risks. With over 20 years' experience in the renewable energy sector, we understand the unique exposures of these power generation projects and assist our clients to identify, quantify and mitigate risk efficiently and economically while helping them achieve their business objectives.

To learn more about how we can support your insurance coverage requirements, please visit our website at www.gcube-insurance.com

GCube is comprised of GCube Underwriting Ltd, based in London, and GCube Insurance Services, Inc.; headquartered in Newport Beach, CA with offices in New York and Minneapolis.

Contact Information

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    Tamarindo Communications
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    Kathy McConnell
    GCube Insurance Services, Inc.
    949 515 9981 ext 116
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