Africa Specialty Dangers (ASR), a pan-African-focused reinsurance group, has introduced that it has appointed insurance coverage veteran Sylvain Coutu as Head of Innovation and Sustainability, the place he’ll lead the agency’s Parametric division, overseeing underwriting, enterprise improvement, and portfolio administration.
ASR additionally confirmed that in his new function, Coutu can be concerned in product improvement and market growth, the place he’ll give attention to strengthening the corporate’s sustainable parametric options in progress markets.
General, Coutu brings over 10 years of experience throughout the insurance coverage sector in the direction of his new function.
He joins ASR from AXA Local weather, the place he served as Head of Agricultural Insurance coverage, and was accountable for growing monetary danger options in agriculture, forestry and different pure belongings for the corporate.
Earlier than he joined AXA Local weather, Coutu labored at reinsurer Swiss Re, the place he served as a Senior Agriculture Underwriter, earlier than later being promoted to Head of Innovation & Particular Traces.
Earlier this month, ASR additionally added Fanny Dunner as an Underwriter inside its Parametric division, the place she is going to report back to Coutu.
Primarily based in London, Dunner joined ASR from Italian insurer Generali, the place she beforehand served in the same function.
Addressing his appointment, Coutu mentioned: “I’m very comfortable to be becoming a member of ASR at such an thrilling stage in its journey. I look ahead to working with the staff to deploy options which is able to construct extra resilient and sustainable communities all through Africa and the growing world.”
Martin Boreman, Director of Underwriting, added: “Sylvain’s appointment underscores ASR’s dedication to enabling sustainable improvement throughout Africa, the Center East and different progress markets. His expertise in constructing and deploying sustainable and technology-based insurance coverage options can be instrumental in supporting our efforts to construct resilience throughout our key markets.”
“I’m additionally happy to welcome Fanny to ASR. She is a seasoned parametric underwriter and can proceed to place us because the main specialty underwriting agency in growing markets.”
