Amy Barnes Appointed Global Head Of Energy & Power At Marsh LLC

• Amy Barnes named Global Head of Energy & Power at Marsh LLC
• She will lead strategy and innovation for Marsh's worldwide network of energy and power clients
• Will remain in the position of Head of Climate and Sustainability Strategy at Marsh

Marsh has named Amy Barnes Global Head of Energy & Power, effective immediately, as the industry speeds toward the net-zero transition. As Global Head of Energy & Power, Barnes will lead strategy and innovation for Marsh's global network of energy and power advisors, risk engineers, and brokers. She will remain Head of Climate and Sustainability Strategy at Marsh.

Amy joined Marsh in 2001 as an environmental consultant and has since been in multiple senior leadership positions around the world. She has advised clients on risk and insurance issues, including energy transition and sustainability. She was previously the Energy & Power Leader for the US and Canada, located in Houston. London-based Barnes replaces Andrew George, President of Marsh Specialty, and will be reporting to him.

Marsh also announced that Andrew Herring will assume the position of global chair of energy & power on January 1, 2026. Herring, who arrived at Marsh in 2010, has headed the UK energy & power practice since 2012 and will remain in London.

She added that as the energy and power industry continues to evolve toward greater sustainability, businesses are confronted with more and more complicated risks around regulation, markets, technology, and reputation. Renewable energy project insurance premiums have risen sharply, with premium increases of 20 percent to 40 percent over the past year.

The main cause is largely attributable to huge claims from natural disasters, supplemented by modified weather patterns and global warming. The insurance sector is singled out as key to the net-zero transition by providing risk management opportunities essential for renewable energy projects. Up to US$10 trillion in added insurance is estimated to be required by 2030 to facilitate the transition in the energy, road transport, and building sectors