FOR IMMEDIATE RELEASE
TAMPA, Fla., December 19, 2023 – Energy Insurance Mutual Limited announced today the appointment of Pete Nadel as Director, Business Development and Member Relations, effective January 2, 2024.
Pete has spent his entire career in the insurance industry, including 16 years in the utility insurance discipline. Pete comes to EIM from the Marsh Energy & Power Specialty Practice where, as a Senior Client Executive, he advised clients on the design and structure of their risk management and insurance programs. Prior to joining Marsh, Pete was the Director of Insurance and Credit Risk for EIM member FirstEnergy. His 15-year tenure at FirstEnergy afforded him an exceptionally broad range of experience allowing him to develop relevant expertise in mergers, acquisitions, divestitures, bankruptcy, catastrophic liability, property, and D&O claims, risk management and organizational transformations.
Pete is a recognized thought leader with a special focus on industry collaboration and innovation. He has served as a featured speaker at numerous industry conferences and has served on insurance advisory committees for multiple industry mutual insurers. His vast experience with all aspects of mutual insurers makes him a perfect fit within EIM and will uniquely position him to offer valuable insight and guidance to the team.
“EIM provides its members tremendous benefits, and this has been evident throughout my career.” Pete said. “I am passionate about helping EIM members continue to realize the full value of their mutual membership.”
This is a newly dedicated resource at EIM created to elevate engagement and ensure that the company’s vision and strategy are clearly communicated and optimally aligned with the EIM membership. I am very excited to have Pete join EIM in this role. Please join me in welcoming Pete to the EIM team.
Tommy Bolton President and Chief Executive Officer