Africa Specialty Risks (ASR), the Pan-African focused reinsurance group, has appointed Zouheb Azam as Head of Political Violence & Terrorism Underwriting.
His appointment comes after the recent arrival of the group’s first actuarial hire, Peter Way, who joined earlier this month.
Azam brings just under 12 years’ experience across Political Violence and Terrorism (PVT) risk management solutions.
He held an underwriting role at AXAXL and had broking responsibility in the Global Risk Management divisions at Willis Towers Watson and Gras Savoye in Paris, where Zouheb placed a global book of PVT and PRI risks into the London reinsurance market.
Mikir Shah, CEO of ASR, commented: “ASR continues to move from strength to strength and we’re delighted that Zouheb will be joining to launch a new line of business. Zouheb’s extensive experience in the PVT markets and his work across broking and risk analysis further develops our reinsurance offering to clients across Africa.”
Azam commented: “Joining ASR is an exciting next step in my career, and I look forward to working alongside the rest of the team to establish and grow the PVT division from its outset. Insuring against this type of risk is as important now as it ever has been, and the events of the past twelve months have reinforced the need for comprehensive solutions that meet customer needs.”
