Monday, August 10, 2026

Membership options

GCP Live: National Grid’s 40 year captive journey

Natalie Penfold, National Grid
Alexandra Lewis, National Grid
Laura Brentley, Aon
David Newman, iNED

In this special live episode, Richard is joined by four special guests to discuss the evolution and value of National Grid’s 40-year-old captive insurance company.

Recorded at Aon’s Captive Insurance Masterclass in June, celebrating 50 years in the Isle of Man, the podcast discussion features:

Alexandra Lewis, Group Treasurer and Director of Tax, Pensions and Insurance, National Grid

Natalie Penfold, Group Head of Insurance and Claims, National Grid

David Newman, a former managing director of Aon in the Isle of Man and an independent non-executive director of the National Grid captive.

Laura Brentley, Client Service Director, Aon.

The discussion focuses on one of Isle of Man’s oldest, most established and sophisticated captives, with each guest providing a very different perspective on its value to the wider group, its history and how it plays a major role in National Grid’s overall risk financing strategy and ambitious growth and transformation activity.

For the latest news, data-driven analysis and thought leadership on the global captive market, visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

⁠London Captive Week⁠ is taking place October 20-22 at County Hall, London. For information on five bespoke events and to meet the global captive community, find more information ⁠here⁠.