NARDAC has announced plans to expand its operations into the European market with a new London office.
The specialist energy and infrastructure insurance broker’s London office will be led by Peter Draper, the former international property director at AFL and a founding partner of the firm.
In his previous role at AFL, Draper placed operational property, power, renewable energy and mining risks into the Lloyds, London Company and International Markets.
Jatin Sharma, managing partner at the firm, said: “Having somebody with Peter’s experience and expertise, honed over a successful career in insurance broking, joining us at NARDAC is hugely valuable.
“Our ambition to disrupt the current provision of insurance broking services in renewable energy, power and infrastructure is only possible through leveraging the expertise of the unique team of partners we have bought together.”
He added: “We have no intention of letting the grass grow beneath our feet at NARDAC, and driving innovative new insurance products, supported by leading consultancy, can only be delivered with a strong and creative team.”