Tom Hutton, Managing Partner and Director
Tom Hutton is a long-term venture investor and director in successful insurance and financial technology companies. He is also a former member of the XL Group Board of Directors. Tom has deep insurance-specific experience as an executive in risk analytics, as CEO of Risk Management Solutions Inc. for its first 10 years, as CEO of White Mountains Re and as a director of both private and public insurance and reinsurance companies including Safeco and Montpelier Re.
Most recently, Tom worked with XL to create New Energy Risk in order to address opportunities to apply insurance to support the development and financing of clean technology and renewable energy solutions and infrastructure. New Energy Risk provides an insightful case study for the kinds of investments that XL Innovate seeks.
New Energy Risk has developed unique value-adding risk transfer products and performance warranties that enhance the dependability and financing of clean energy technology products and projects. The company has developed valuable expertise and solutions in technologies that include fuel cells, energy storage, waste-to-energy, solar, wind power and energy savings.
New Energy Risk owns a Managing General Underwriter, which works closely with brokers and an underwriting team at XL. Together, New Energy Risk's Managing General Underwriter and XL Group have underwritten some of the largest and most value-adding insurance transactions in the clean energy markets.
Tom earned his B.A. and M.S. from Stanford University and his MBA from Harvard Business School.
Anna McGadden is Tom’s Executive Assistant.