Beazley builds out transition underwriting capability with acquisition of kWh Analytics

Beazley, the leading specialty insurer, has reached agreement to acquire kWh Analytics, a US renewable energy MGA.

Beazley believes that the global energy transition is a significant strategic growth opportunity and is focused on underwriting the complex risks that will enable the transition. kWh Analytics will add scalability and enhance Beazley’s capabilities in modelling, underwriting and risk management across renewable energy portfolios.

kWh Analytics will be embedded into Beazley’s MAP (Marine, Accident & Political) Risks team. Jason Kaminsky, CEO, will report directly to Tim Turner, Group Head of MAP Risks and be a key part of the transition underwriting strategy which is led by Kelly Malynn.

Adrian Cox, CEO of Beazley, said:

“The energy transition represents one of the most significant opportunities for the specialty insurance market. At Beazley, we see transition underwriting as a dynamic, long‑term driver of structural growth, with investment in the energy transition projected to reach multiple trillions in the next decade.

“kWh Analytics’ reputation as an innovative player in the renewable energy space is well established, and this acquisition reflects our continued investment in the capabilities needed to support our transition clients with solutions to complex risk. I’m excited to work with the fantastic team at kWh Analytics.”

Jason Kaminsky, CEO of kWh Analytics, said:

“Joining Beazley represents an exciting new chapter for kWh Analytics. Together, we will accelerate the development of risk products and services that support the energy transition. Beazley’s global reach and commitment to innovation make them the right partner to scale our mission.”

Evercore Partners International LLP acted as sole financial adviser and Freshfields Bruckhaus Deringer LLP served as legal adviser to Beazley. McDermott Will & Schulte LLP acted as legal adviser to kWh Analytics.

 

Press Contact

Hannah Stewart, Corporate Media Relations Manager

Hannah.stewart@Beazley.com

About Beazley

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, North America, Latin America, Bermuda and Asia. Beazley manages six Lloyd’s syndicates and, in 2025, underwrote gross premiums worldwide of $6,100.7million. All Lloyd’s syndicates are rated A+ by A.M. Best.

Beazley’s underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states and its subsidiary, Beazley America Insurance Company, Inc. In the surplus lines market, coverage is provided by Beazley Excess and Surplus Insurance, Inc.

Beazley’s European insurance company, Beazley Insurance dac, is regulated by the Central Bank of Ireland and is A rated by A.M. Best and A+ by Fitch.

Beazley’s Bermuda entity, Beazley Bermuda Insurance Limited, is A rated by A.M. Best and regulated by the Bermuda Monetary Authority.

Beazley is a market leader in many of its chosen lines, which include Directors & Officers, Financial Lines, Cyber, Property, Marine and Aviation, Reinsurance, Accident and Life, and Political Risks and Contingency business.

For more information, please go to: www.beazley.com

About kWh Analytics

kWh Analytics and its insurance subsidiary, Solar Energy Insurance Services, Inc., combine proprietary data with advanced analytics to deliver insurance and risk management solutions tailored to clean energy assets. Its performance database spans more than 300,000 renewable energy assets and over $150 billion in loss data, representing one of the most comprehensive datasets in the sector. This depth of insight enables accurate, technology-driven risk modelling and the development of more effective solutions for insurers, investors and asset owners.