Jay founded Navitas Assurance Partners in 2022. Previously, Jay worked with Euler Hermes, the world’s largest provider of trade credit insurance and a company of Allianz, for over 16 years in various roles. In 2015, Jay launched Euler Hermes Energy, the first dedicated industry vertical practice in the trade credit community. Euler Hermes Energy was formed by combining an unprecedented mix of over 110 years of combined experience working in the energy sector with a dedicated team of underwriters holding trade credit underwriting expertise. In 2018, the Euler Hermes Energy team entered the specialized niche within the North American commercial surety for energy. Under Jay’s management, the practice attained a market-leading position and expanded the product suite; notably, the creation and offering of demand bonds and fronting solutions to provide letter of credit equivalent instruments for energy commodity.

Pat’s career has spanned over 30 years, threading field operations, compliance, marketing, trading, and infrastructure development, ranging from field asset development to full digital deployments and integration. Most recently as co-founder of Latigo Energy Group LLC. Prior to Latigo, Pat was Senior Director at Euler Hermes Energy, the world’s largest credit insurance provider, now wholly owned by Allianz. At Euler Hermes Energy, he was instrumental in developing alternative assurance markets which provide liquidity for wholesale commodity transactions, transportation, and market qualification by clearing credit. His role included product development and distribution across the energy sector.
 
Pat maintains robust participation with the International Energy Credit Association (IECA), The Committee of Chief Risk Officers (CCRO), and an extensive schedule for speaking engagements within the energy credit/risk world. As Associate Director with the CME Group, Pat was responsible for the development of products and services primarily aimed at the physical energy markets, and he played a significant role in the development of CME Direct and ConfirmHub, a post transaction confirmation management and straight through processing platform. ConfirmHub was supported by NYMEX, GFI, Prebon, Amerex, and iCap. Pursuant to development of the platform, the CME took over and continues the legacy via CME STP. Pat served as President of Buffalo STX Energy, a consortium of independent drillers and operators, and was responsible for expanding their footprint, improving operations, marketing, and capital deployment. In addition, he participated in the development planning for end-to-end international LNG solutions and alternative fuel production and distribution projects.
 
Earlier in Pat’s career, he held positions in trading with Occidental Petroleum, trade management with Cinergy, and several positions within Amerex from broker to Marketing Director. Pat continues to leverage his early career experience in the field by participating as an equity presence in production, short haul pipeline projects, and acting as advisory for power and gas marketing/supply commitments.

Nithya Venkatesan came to Navitas from her previous role as Senior Manager of Corporate Risk at Hess Corporation (Hess) globally. Hess is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. Her responsibilities include managing the day to day credit and market risk functions, oversight and reporting of the regulatory requirements associated with commodity risk, supplier credit risk, financial reporting related to commodity risk hedge accounting, and enterprise risk management. 

She has over 20 years of risk management experience spanning credit risk, market risk, regulatory reporting, and enterprise risk. Nithya has experience with multiple commodities including natural gas, power, crude oil, refined products, natural gas liquids, emissions credits, and derivatives products. Prior to Hess, she worked at NRG Energy in different roles as Director of Finance, Director, Enterprise Risk, and Manager, Credit Risk.  

Michael brings 16 years of experience as a trade credit manager and insurance underwriter. He joined Euler Hermes North America in 2014 as a Risk Underwriter for the insurance carrier’s XoL Non-Can team and quickly evolved as a Senior XoL Underwriter, where he built up a portfolio of accounts through industry broker partners and direct sales agents. With a growing specialization in Energy sector transactions, Michael transitioned to his role as Head of Underwriting for Euler Hermes Energy in 2017, where he was responsible for new business and portfolio retention of all energy product lines. During this time, he worked on the development and implementation of new product offerings designed to support the North American Energy markets and their unique and specialized trades.  

He began his career underwriting personal loans for a wholesale division of GE Capital, later joining Samsung Electronics as a credit analyst. While at Samsung, Michael held various roles within the Credit and Finance teams. His responsibilities included performing in-depth financial analysis and managing credit exposure for a key portfolio of customers, including the design and execution of a forward value-at-risk model.

Michael’s combination of traditional underwriting experience and energy sector knowledge give him a unique ability to understand and structure client solutions.

Michael has over 22 years of insurance experience with broker and insurance carriers. He began his insurance career at AIG underwriting kidnap & ransom insurance across America and Latin America, supporting their west coast operations. Michael subsequently held additional underwriting and management roles within AIG managing the Public and Private Directors & Officers product line and held various relationship management roles to expand AIG's vast product line. Michael joined AON Corp in a production role and subsequently returned to AIG as the Regional Manager for Trade Credit in the Southwest region. In 2014, Michael joined Euler Hermes as an Underwriter and Portfolio Manager to support the energy team.