AXIS ENERGY TRANSITION
Syndicate 2050™
AXIS Energy Transition Syndicate 2050 is a specialist insurance syndicate, providing cover for risks that are moving from a reliance on fossil fuels to more sustainable energy sources and practices.
Providing innovative, cross-class solutions throughout the full energy transition journey.
Why AXIS?
Cross-class solutions
The energy industry is transforming as demand intensifies for more sustainable, diverse sources of power.
The transition to a resilient lower-carbon economy depends on innovation and long-term strategic thinking, supported by insurance partners that understand the complexities, the risks, and the potential of new and varied energy technologies.
AXIS Energy Transition Syndicate 2050™ (S.2050) brings together cross-class expertise to provide holistic, specialty risk solutions for activities and assets associated with replacing or displacing fossil fuels with lower-carbon alternatives during the energy transition phase.
Greater certainty
Every business is unique, requiring a varied mix of insurance coverage especially as they invest, develop, and engage with more sustainable energy sources and practices. When multiple risks require coverage, there often comes multiple insurers, opening up the potential for cover gaps, inconsistencies and even dual insurance. AXIS provides greater certainty – you have one route to access the lead insurance capacity needed for your customers as they progress on their energy transition journey.
Ease of access
For any risks that fall within our S.2050 appetite, please contact your usual AXIS underwriter. Find us at Lloyd's
If the risk requires multiple lines of cover, you will be assigned one key point of contact. Your contact will coordinate with lead underwriters from the diverse lines of business within AXIS that the customer requires along their energy transition journey.
Elliot Lyes
Head of Upstream Energy and Active Underwriter of AXIS Energy Transition Syndicate 2050
Elliot Lyes joined AXIS in 2017 to manage the Upstream Energy portfolio. He has 30 years’ experience in underwriting across the insurance energy industry, having worked at a number of leading insurance carriers. Elliot is the Active Underwriter of AXIS Energy Transition Syndicate 2050.
Greater certainty
Every business is unique, requiring a varied mix of insurance coverage especially as they invest, develop, and engage with more sustainable energy sources and practices. When multiple risks require coverage, there often comes multiple insurers, opening up the potential for cover gaps, inconsistencies and even dual insurance. AXIS provides greater certainty – you have one route to access the lead insurance capacity needed for your customers as they progress on their energy transition journey.
Ease of access
For any risks that fall within our S.2050 appetite, please contact your usual AXIS underwriter. Find us at Lloyd's
If the risk requires multiple lines of cover, you will be assigned one key point of contact. Your contact will coordinate with lead underwriters from the diverse lines of business within AXIS that the customer requires along their energy transition journey.
Cross-class solutions
The energy industry is transforming as demand intensifies for more sustainable, diverse sources of power.
The transition to a resilient lower-carbon economy depends on innovation and long-term strategic thinking, supported by insurance partners that understand the complexities, the risks, and the potential of new and varied energy technologies.
AXIS Energy Transition Syndicate 2050 (S.2050) brings together cross-class expertise to provide holistic, specialty risk solutions for activities and assets associated with replacing or displacing fossil fuels with lower-carbon alternatives during the energy transition phase.