USQRisk, an international managing general agent (MGA) specialising in alternative risk transfer solutions, has announced the appointment of Rhys Jones as head of UK pricing and senior underwriter.
In his new role, Jones will be in charge of overseeing USQRisk’s underwriting of UK alternative risk transfer transactions. He will report to Parag Bavishi, the global chief underwriting officer.
Jones will lead the development and implementation of standardising pricing actuarial tools, support current and onboard new capacity providers, mentor and develop junior actuarial and underwriting colleagues, among other responsibilities.
Anibal Moreno, CEO of USQRisk, said: “We have seen tremendous growth in the UK over the past few years, and the underwriting needs for our activity there have only increased as risks become increasingly complex.
“Rhys’ comprehensive understanding of actuarial and underwriting processes and unique perspective directly align with USQRisk’s goals. At this exciting period of growth for our organisation, his experience and dedication will be instrumental as we continue to grow.”
Jones has over a decade of experience in actuarial work and underwriting, which will help to advance USQRisk’s processes in the UK and strengthen the organisation’s underwriting strategy development and implementation, the MGA noted.
Prior to joining USQRisk, he served as assistant vice president and reinsurance actuary at Hamilton Re. He has also worked for AXIS Capital, Randall & Quilter Investment Holdings, and Novae, among others.
Commenting on his appointments, Jones said: “I am excited to join USQRisk. The team is made up of some of the best and brightest that the alternative risk and insurance market has to offer.
“The company has an impressive track record of growth and proven commitment to serving clients and improving the market. I look forward to working alongside USQRisk’s strong team of professionals.”
