The specialist Lloyd’s of London insurance and reinsurance marketplace has named Dr. Kirsten Mitchell-Wallace as its new Head of Risk Aggregation, reporting to Jon Hancock, Director of Performance Management.
Dr. Mitchell-Wallace will join Lloyd’s from global insurer and reinsurer SCOR, where she is currently EMEA Regional Head for Catastrophe Management, based in Zurich. Prior to SCOR, she worked at insurance and reinsurance brokerage Willis, and has also worked for catastrophe risk modeller, RMS, as a Senior Hazard Analyst.
Dr. Mitchell-Wallace also co-authored “Natural Catastrophe Risk Management and Modelling – A Practitioner’s Guide.”
Hancock, commented; “Kirsten will bring a wealth of knowledge and experience to Lloyd’s garnered across the globe from insurance carriers, broker and modeller, and is a great addition to my senior leadership team. I am delighted that we have been able to attract someone of her calibre and deep understanding of the challenges and opportunities the team will be facing on a daily basis.
“I am also extremely grateful to David for his outstanding contribution in the interim role during 2017, including management of Lloyd’s catastrophe risk under very challenging market circumstances and markedly progressing our understanding of cyber risk.”
Dr. Mitchell-Wallace is expected to take up the new position at Lloyd’s before the end of 2017, and until her appointment, David Clouston will remain as interim Head of Risk Aggregation.
Dr. Mitchell-Wallace, added; “I’m very excited to be joining Lloyd’s and applying my practical experience in a new, and changing, environment. These are fascinating and vital areas of work for the insurance and reinsurance sector, and I am looking forward to working closely with the market and contributing fully to its future success.”