Apollo Syndicate Management, the independent specialist insurer and reinsurer, has announced the appointment of Paul Grimsey as Chief Actuary, effective December 2nd.
He will lead the Apollo actuarial team and report to Vinay Mistry, who joined Apollo as Chief Risk Officer this month.
Grimsey joins Apollo from Antares Managing Agency, where he currently serves as Chief Actuary and Executive Director. He joined Antares in 2013, progressing to his current roles and joining the Board in 2017.
In addition, Grimsey has held the position of Actuarial Director at QIC Global since 2018.
He has more than 18 years of actuarial experience and has previously held senior positions W.R. Berkley Insurance (Europe) and Randall & Quilter Management Service, having begun his career at Ernest & Young (now EY) in 2001.
“Apollo places great value on the talent within our team,” said David Ibeson, Chief Executive Officer at Apollo Syndicate Management.
“ Supported by our analytics and actuarial unit, we are constantly working to optimise our business pipeline, employing data, state-of-the-art technology and best-in-class modelling to evaluate our portfolio,” he continued.
“Paul will be a great addition to the business as we work to consolidate and grow our actuarial and risk functions. He is a highly respected actuarial professional and his deep knowledge and experience will be invaluable in supporting the underwriting team.”
