Asta has appointed its Chief Actuary, Richard Barke, to serve on its Lloyd’s Managing Agency board, subject to regulatory approval.
Barke was made Deputy Chief Actuary two years after joining Asta and was promoted to Chief Actuary in 2015.
Julian Tighe, Chief Executive Officer (CEO), Asta, said; “Richard is an extremely talented and experienced actuary and a valuable member of the Asta team.
“His expertise in building, leading and evolving actuarial operations across our business has been invaluable in ensuring all Asta-managed syndicates hold Solvency II compliant capital models.
“I am pleased to announce his appointment to the Asta Managing Agency board.”
Barke joined Asta in 2011 and has since been responsible for managing all actuarial activities across the business including implementing Solvency II compliant capital models for 15 individual Asta-managed syndicates and SPAs.
He started his career as an actuarial graduate at KPMG before moving to Aspen Re as a reserving actuary in 2007.