Talent
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The panel also spoke of a “bifurcation of investors” between sophisticated ones seeing a complement to cat risk, and smaller ones which prefer simplicity.
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Shanna Lespere joined the BMA in 2004 and has held various roles at the authority including COO for the past seven years.
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The underwriter had worked at Hiscox since 2019 following a long stint at Ariel Re and predecessor entities.
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She was previously an investor relations senior manager at Swiss Re.
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Mango was a respected industry leader and played a key role in elevating the company’s culture of rigorous risk management.
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The company said it is seeking to “extend the boundaries of insurability” as it can now model over 50% of secondary peril exposure.
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March brought a flurry of people moves in the ILS market.
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The committee is the most senior management team at the Bermuda company, responsible for governance and strategy of the firm.
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The AI-driven platform has been building out its team this year.
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The executive will oversee management liability, healthcare and casualty/specialty reinsurance.
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The carrier has introduced a number of ESG-focused roles, which sees Cathal Carr, SVP, underwriting, appointed as global head of climate and sustainability strategy.
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The firm has refreshed its management line-up and said it would develop new low-correlation products.
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