Africa Specialty Risks (ASR), the Pan-African focused reinsurance group, has appointed Peter Way as an Actuary, focusing specifically on the development of in-house pricing models.
Way joins as the group’s first Actuary, bringing nine years of experience working in the insurance industry, having previously held both actuarial and underwriting roles.
His experience includes exposure to the African markets via his former role as Property Underwriter at specialist re/insurer Brit, where African risks made up a material part of the firm’s international book of business.
In his new role, Way will primary focus on the design of the in-house pricing models in conjunction with the underwriting teams.
Mikir Shah, Chief Executive Officer (CEO) of ASR, commented: “Peter’s talent and experience is a real boon for ASR. His knowledge of the Lloyd’s and African markets will be invaluable as we develop our in-house pricing strategy to provide proficient, client-led services across the African reinsurance market.”
Way added: “I am thrilled to be joining ASR and its dynamic team as they continue to grow. The role presents a significant opportunity to join a burgeoning business with great expertise working across Africa, a continent I know well.”
