P&C insurer Skyward Specialty has announced its entry into the global agriculture market, naming James Tran as Senior Vice President, Global Agriculture, to spearhead the expansion.
Skyward Specialty states that its global agriculture unit will initially offer secondary and reinsurance solutions for food and fibre crops, timber, livestock, bloodstock, aquaculture, and other renewable resources.
Tran has two decades of experience in global agriculture, having held various leadership roles at Tokyo Marine Kiln, XL Catlin, and Catlin Group.
He most recently served as the Managing Partner at Jasperian Consulting, Global Agriculture.
Commenting on the appointment and the formation of the new unit, Skyward Specialty’s CEO, Andrew Robinson, said, “We are fortunate to have James join us. His enviable underwriting performance over 20 years, and his personal brand, respect and recognition in this marketplace are undeniable.
“With James leading the way, we are confident in our ability to build a diversified and high-quality agriculture book of business.”
He continued, “As climate change continues to impact agricultural production, farmers worldwide are increasingly seeking ways to protect their crops and livelihoods.
“Agriculture insurance protects farmers from financial losses and promotes sustainable agriculture practices.”
Tran himself added, “Our goal is to manage changing agriculture risks effectively, especially those related to global climate change.
“We will support farmers worldwide in their efforts to sustain the food supply and renewable resources required to feed populations worldwide.
“I am excited to join Skyward Specialty, a dynamic organization known for its culture of empowerment and its ability to deliver innovative approaches critical to meet its client’s risk transfer needs.”