Volante appoints Chief Actuarial Officer
- Chris Drew named Chief Actuarial Officer
- Drew also joins Volante Executive Committee and Volante Global Board
- Paul Rich appointed Head of Operations and joins Volante Executive Committee
London, 25 January 2018 – Volante Global Limited (Volante), a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the appointment of Chris Drew as Chief Actuarial Officer.
Mr. Drew will be responsible for Volante’s actuarial, analytical and MI functions. His role will encompass business planning and performance monitoring, as well as responsibility for pricing model integration and development, and external reporting. Chris joins the Volante Executive Committee and has been appointed as a Volante Global Board Director, subject to regulatory approval.
Prior to joining Volante, Mr. Drew was Head of Actuarial and MI for the Retail Division at QBE European Operations. He took up the position in May 2014 having previously been Actuarial Manager. He joined the company in 2004 as Syndicate Actuary for its Syndicate 386. During his 22-year insurance career, Mr. Drew has also worked for RSA, Hymans Robertson and GE Capital.
Commenting on the appointment, Talbir Bains, Founder and CEO of Volante, said: “I am delighted that Chris has joined the Volante team. Chris brings outstanding experience, intellectual pedigree and commercial acumen to the role, and his appointment demonstrates our commitment to ensuring actuarial science underpins the foundations of our underwriting approach.”
Mr. Drew said: “I am excited to be joining Volante at this early stage. The company offers a unique underwriting environment which thrives on innovation, is built upon leading-edge technology, operates an open and collaborative culture, and supports fully empowered teams. I am delighted to be a member of such a forward-looking and dynamic organisation.”
Volante also announced the appointment of Paul Rich as Head of Operations. Mr. Rich will be responsible for the delivery of all central service operations across Volante, as well as all aspects of group delegated authority management. He will also maintain oversight of the group’s coverholder management services to its capacity providers.
Paul joins from Barbican Insurance Group where he was Head of Operations. Prior to this, he was Head of Delegated Authorities at Aspen Insurance. During his 24 years in insurance, Mr. Rich has also been Chair of the IUA’s Delegated Authority Underwriting Group, as well as holding posts at International Insurance Company of Hannover SE and Wildnet Group.