Lockton P.L. Ferrari strengthens its Natural Resources division and appoints Diego Borroni as Client Manager Power & Renewables. According to CEO Filippo Fabbri, the challenge is to support companies with risk management services aligned with the industrial and financial objectives required by the market.
Genoa, 26 February 2026 – Operational collaboration among the companies of the Lockton Group in the Energy sector continues to strengthen. The world’s largest independent insurance brokerage has appointed Euan Nicolson, who brings 40 years of experience in the industry (including roles at Aon and Marsh), as Senior Client Adviser to support client development and partnerships in the UK and European energy markets, with a particular focus on Italy.
Euan will be responsible for implementing growth strategies in the Energy and Power sectors, working in close collaboration with the Lockton P.L. Ferrari team in Italy.
At the end of 2025, Lockton P.L. Ferrari launched a new Natural Resources division in Italy, integrating expertise across Oil & Gas and Power & Renewables. The division is led by Sara Colombo, Head of Natural Resources, who brings over 30 years of experience in the sector (including at WBA and Marsh). In the following months, the team was further strengthened with the arrival of Francesca Riccadonna, Client Manager Oil & Gas, with more than ten years of experience at Aon, and now Diego Borroni, appointed Client Manager Power & Renewables, following previous experience at Nadara and Open Fiber.
“The renewable energy sector,” commented Borroni, “has entered a phase of structural growth, driven by investment, innovation and new energy security requirements. In Italy, renewable capacity in operation increased by 7,191 MW in 2025, with photovoltaic contributing 6,437 MW and wind power 608 MW, according to Terna. In the coming years, growth will increasingly depend on project pipelines and the ability to make projects bankable: access to capital and project finance requires robust risk structures, contractual clarity and insurance solutions aligned with the technical and commercial evolution of assets. In Italy, the 2030 targets imply continuous acceleration throughout the 2026–2029 period, particularly in the power sector, with solar generation expected to reach 67.2 TWh and wind 43.4 TWh annually by 2030 (PNIEC 2024). At a European level, the direction is equally clear: in 2025, wind and solar overtook fossil fuels for the first time in EU electricity generation, while WindEurope estimates 187 GW of new wind installations in Europe between 2025 and 2030. In the UK, the pipeline outlook is also strong, with the latest CfD auction awarding 8.4 GW of new offshore wind. In this context, complexity is no longer limited to ‘building capacity’, but increasingly to managing technically complex and interconnected risks: hybrid projects, grid requirements and the implementation of energy offtake strategies, from CfDs to corporate PPAs with more sophisticated volume and price profiles.”
“Our challenge is to stand alongside companies that want to make a difference in these sectors, equipping them with risk management services that match the industrial and financial objectives demanded by today’s market,” added Filippo Fabbri, CEO of Lockton P.L. Ferrari. Active in the insurance sector for over 60 years, Lockton P.L. Ferrari continues to pursue horizontal growth and, as of April 2025, recorded increases in both gross revenues (+14%) and number of clients (+10%), in line with the performance of the Lockton Group, one of the world’s top ten brokers, which reported +13% revenue growth, exceeding USD 4 billion and serving more than 65,000 clients globally.
Finally, Gary Doran, Head of Lockton’s Global Energy & Power and Construction Practice, commented:
“Euan brings many years of experience as a market leader in the energy sector, but more importantly, he truly understands client needs. He will enhance our ability to deliver the high-quality service and innovative thinking that clients value at Lockton.”
According to Andrea Guffanti, Head of Continental Europe, Lockton:
“Euan and Diego are important additions to our team as we continue to invest in Europe. We see significant potential in the Italian market, and they will play a key role in working with clients to drive innovation and help them build and grow their businesses.”