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Volt Underwriting

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has launched with an initial capacity of $25 million to cover onshore power and renewable energy risks in the U.S. and internationally. The binder is led by Dale Underwriting Partners’ Lloyd’s Syndicate 1729. Volt is among the first MGAs to offer coverage for both conventional and renewable energy sectors, with plans to expand product offerings and capacity by early 2025.

Volt also announced a $3.3 million investment from B.P. Marsh. The company is led by ex-Travelers underwriter Chris Allison.

“Volt was launched to offer multi-class solutions to energy sector clients and we are delighted to launch power and renewable energy as the first of those products. We are thrilled to work with Dale as the lead capacity partner. Together we bring a strong proposition to the market.” – Allison.