SOURCE: GCube Insurance Services, Inc.

GCube Insurance Services, Inc.

May 23, 2011 14:23 ET

GCube Insurance Services, Inc. Expands Biofuels Team

NEWPORT BEACH, CA--(Marketwire - May 23, 2011) - GCube is pleased to announce that Nick Coenen has joined the company, the leading provider of insurance services for the renewable energy sector around the globe.

Nick Coenen joins as Vice President of Loss Control Engineering with an emphasis on biofuel and biomass sectors.

"Nick brings a great deal of experience to our biofuels team and he will help us expand our product line in the biomass industry. His engineering expertise will provide our customers with loss control insight to help minimize their losses and production downtime," says Jeff Richards, Senior Vice President of Underwriting for GCube's Biofuel and BioMass programs.

GCube Insurance Services President, John McLane adds, "We are happy to have Nick join the GCube organization and help us raise the level of expertise we can to bring to our friends in the brokerage community and our ethanol and biofuel insureds. This move marks another step in transforming GCube into an organization staffed with specialists trained and recognized in their respective renewable energy industry segments. Nick is the newest member of our growing team committed to providing insurance as just one part of a broader response to our clients by addressing risk management concerns with innovative 'real world' solutions."

Prior to joining GCube, Nick Coenen was most recently a Senior Consultant with Global Risk Consultants where he was responsible for managing the property protection and other risk control activities for large agri-chemical clients. Mr. Coenen has held various field engineering and management positions with Global Risk Consultants and FM Global, where he started his insurance career over twenty years ago. Mr. Coenen has a Bachelor of Science degree in Chemical Engineering from the University of Wisconsin. He will be in our GCube Minneapolis office.

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

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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    Kathy McConnell
    VP Of Marketing
    GCube Insurance Services, Inc.
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    949-515-9981 ext 116