Navitas Engages Senior Energy Talent
Nithya Venkatesan and Patrick McKinnon provide expertise to support the growth of alternative assurance for energy
HOUSTON–(BUSINESS WIRE)–#AlternativeAssurance–Navitas Assurance Partners today announced the addition of two senior leaders to its energy team: Nithya Venkatesan as First Vice President – Risk, and Patrick McKinnon as First Vice President – Energy Markets and Digital Distribution. The adoption of insurance balance sheets acting as alternative options for energy commodity assurance is growing throughout the North American energy markets.
Nithya Venkatesan joins Navitas following her role as Senior Manager of Corporate Risk for a global energy company. She has more than 20 years of energy risk management experience spanning credit risk, market risk, regulatory reporting, and enterprise risk.
Venkatesan has experience with multiple commodities including natural gas, power, crude oil, refined products, natural gas liquids, emissions credits, and derivatives products. She has also held prior roles as Director of Finance; Director, Enterprise Risk; and Manager, Credit Risk within the energy sector. In addition, Venkatesan is an active board member and participant in the International Energy Credit Association and the Committee of Chief Risk Officers.
“We are extremely grateful to have Nithya join the Navitas team,” says Jay Rose, Managing Director at Navitas Assurance Partners. “Nithya will bring unique expertise of credit, risk, and compliance to enable Navitas to best evaluate transactions and counterparty risk to serve our market’s needs while supporting our strategic carrier partners at all times.”
Venkatesan may be reached via nithyav@navitasassurance.com.
Patrick McKinnon has more than 30 years of energy market experience spanning the energy lifecycle, which he will leverage his new leadership role with Navitas.
McKinnon joins Navitas from after founding and operating an energy consulting firm engaged in commodity infrastructure development and the growth of alternative assurance markets. Previously, McKinnon was Senior Director with one of the world’s largest credit insurance providers where he was instrumental in developing alternative assurance markets through product development and distribution across the energy sector. McKinnon also has experience as an Associate Director with a global financial derivatives exchange and as President of a consortium of independent drillers and operators.
“There are few in the industry that incorporate Pat’s combined expertise across all facets of both the energy and credit spectrum,” says Rose. “His vision is to create a seamless, digital world of physical credit clearing and alternative assurance to propel liquidity and trade across the North American energy market.”
McKinnon may be reached via pat.mckinnon@navitasassurance.com.
About Navitas Assurance Partners
Navitas Assurance Partners is a managing general underwriter (MGU) representing some of the strongest balance sheets in North America. Created for an evolving market and tapping into more than 100 years of operational development and risk management experience from the energy and insurance industries, Navitas is built for today’s changing marketplace. Navitas acts as the leading conduit among the energy markets, their broker-partners, and carrier-partners—specializing in the energy assurance markets and offering a new approach that brings additional capacity, unrivaled speed, and exceptional broker support. To learn more, visit www.navitasassurance.com or contact us via info@navitasassurance.com.
Contacts
Patrick McKinnon
Navitas Assurance Partners
(832) 606-9319
