USQRisk, part of Ryan Specialty’s Alternative Risk division, has hired John Levy from Swiss Re, one of Europe’s big four reinsurers, as Global Head of Structured Reinsurance.
USQRisk, through its two core business divisions, Alternative Risk and Facilities, structures, prices and places specialty re/insurance for corporate and re/insurer clients, and also develops innovative insurance programmes to address unique risks and highly dislocated markets.
Levy joins the company with more than three decades of insurance and reinsurance industry experience across actuarial, underwriting, and brokering for both domestic and international placements.
He joins after roughly 11 years with global reinsurer Swiss Re, where he most recently served as Head Structured Solutions Regional US. In the role, Levy’s team was responsible for the origination, execution, and portfolio management of bespoke structured re/insurance solutions.
Parag Bavishi, Co-CEO and Chief Underwriting Officer for USQRisk, said: “We are excited to welcome John as Global Head of Structured Reinsurance. With a strong actuarial foundation and impressive leadership experience in underwriting structured reinsurance risks, John has earned the confidence of both buyers and sellers across this specialized sector. With John leading this business vertical, we are well-positioned to further USQRisk’s global expansion as a reinsurance intermediary manager for these complex and unique reinsurance products. Moreover, the addition of John to USQRisk serves to reaffirm USQ as a leading alternative risk transfer underwriter.”
“I look forward to being part of USQRisk’s seasoned team of alternative risk transfer professionals and the development of innovative tailored reinsurance solutions to meet the increasingly complex capital support needs of insurers. By bringing disciplined structuring expertise and thoughtful capital solutions to the market, we will create durable value for our clients and further enhance the USQRisk / Ryan Specialty brand as a trusted, forward-thinking market leader. I am pleased to be part of this effort and excited about this platform’s impact on our clients and trading partners,” added Levy.
