Reinsurance startup Kettle has announced the appointment of William Haddrell as its new Chief Underwriting Officer, who will join following the completion of his current work obligations.
Haddrell is set to join from Sompo and will also being heading up the underwriting at Kettle’s recently-approved managing general agent.
Co-Founder and CEO Andrew Engler said, “We are all extremely excited to have attracted talent with the breadth of reinsurance market experience Will has built in his career.
“We believe this to be a pivotal moment for data science driven innovation in the risk assumption industries. Will has exactly the deal making skills we are looking for to bring together clients who need support and capital looking for opportunity.”
Haddrell has over 13 years experience in the Industry, and most recently worked at Sompo International where he managed the Property Cat Retrocessional book.
Haddrell previously held the role of Portfolio Manager at Blue Capital, the Sompo owned ILS fund.
He is based in Bermuda, and intends to use the Kettle based view of risk to create a better priced and liquid market for Property Cat.
Co-founder Nat Manning, the company’s COO commented, “ We’ve spent the last 6 months hiring some amazing talent to build out the data science that underscores Kettle’s product and service offering. It’s great now to be able to hire our first employees based in Bermuda, especially in such a critical leadership role.”
“Bermuda has a wide and deep reservoir of reinsurance talent and is an essential global marketplace for risks transferring from one balance sheet to another. We’re thrilled that Will shares our vision for a future where data science plays the leading role in reducing the societal volatility we see today resulting from climate change.” commented Nigel Mortimer, Kettle Executive Chairman.”
