Parametric insurtech platform Arbol has added Hong Guo as executive vice president and Chief Insurance Officer.
He is set to lead all insurance related strategy and operations for the company and brings nearly three decades of global re/insurance experience to the company.
Guo most recently served as a managing director at the GC Securities division of Guy Carpenter.
Before joining Arbol, he held a number of senior positions over a 23-year career at Guy Carpenter that touched on various areas of busines, including reinsurance broking, product innovation, global client management, strategic advisory and Insurance Linked Securities.
“We are privileged to be able to add an experienced global (re)insurance executive of Hong’s caliber to the Arbol team,” said Sid Jha, Arbol’s founder and CEO.
“Hong’s decades of industry experience and his forward-looking vision of the industry’s future will be a critical asset as we look to expand our existing line of parametric products and serve clients in new industries and regions around the world.”
“I’m excited for the opportunity to join Arbol and to work with a team that is leveraging its AI-powered proprietary pricing platform, along with data, analytics and blockchain technology to broaden the adoption of parametric insurance,” said Guo.
“I look forward to bringing innovative, data-driven insurance products to a wider range of customers as part of Arbol’s aim to contribute to the industry’s effort to close the protection gap.”