Reinsurance News

Africa Speciality Risks launches construction capacity, appoints lead

22nd April 2021 - Author: Charlie Wood

Pan-African focused reinsurance group Africa Specialty Risks (ASR) has announced the launch of its construction capacity, appointing James Cronje to lead as Head of Construction Underwriting.

ASR will specialise in offering construction solutions cover, underwriting a spectrum of construction risk including the power, mining, chemical processing industries and public and private building sectors and civil infrastructure.

Cronje joins from AXA XL, where he served as Construction Underwriting Manager for UK and Ireland.

Before that he was Underwriting Manager at AXA ASR and an Engineering and Construction Underwriter at StarStone Insurance.

Mikir Shah, CEO of ASR, commented: “ASR continues to grow and expand its coverage across Africa, to provide the opportunity for businesses to invest across the continent. James’ experience in construction will be an enormous asset to both ASR and the insured, and we are all looking forward to working with him.”

James Cronje commented: “The opportunity to build a construction book from scratch is incredibly exciting, and I’m very much looking forward to working with the team at ASR to build a business which is dedicated to providing specialist risk solutions across Africa.”

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