London, 14 December 2022 – Africa Specialty Risks (“ASR”), the pan-African focused reinsurance group, is delighted to announce the appointment of Sean Paradine as Senior Treaty Underwriter.
Sean joins us from WR Berkley where he was Senior Vice President focused on Treaty Underwriting in Sub-Saharan Africa. In this role Sean was responsible for a period of strong growth. Prior, Sean spent 21 years at Everest Reinsurance where he was instrumental in developing the African Treaty and Facultative portfolios.
Mikir Shah, CEO of ASR commented: “Recognised as an industry expert in his field, we are delighted that Sean has joined ASR to lead our Treaty Underwriting offering. He has significant international experience, particularly in Sub-Saharan Africa which supports our core strategy of closing the coverage gap on the Continent”.
Brian McGregor, Director of Underwriting added: “I am delighted to welcome Sean to the team. Sean adds to our Treaty underwriting capabilities with his wealth of experience and robust technical ability. Sean puts us in a strong position to expand our Proportional and Non-Proportional treaty products across Africa and the Middle East at a time of diminished insurance capacity”.
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About ASR
Africa Specialty Risks (ASR) provides comprehensive risk transfer solutions through high quality underwriting to local and global customers across the African continent, giving them the confidence to grow their businesses sustainably.
ASR works proactively with local regulators to develop skills and provide training to local underwriters. Environmental, social, and governance considerations are central to ASR’s values, particularly in relation to local capacity building.
ASR is backed by Helios Investment Partners’ Fund IV and benefits from their extensive reach across Africa, as well as their knowledge and experience in our key markets.
Africa Specialty Risks Ltd. is an Appointed Representative of Crispin Speers & Partners Ltd. We operate as a Managing General Agent sourcing world leading capacity for African insurance and reinsurance risk. We are a proud member of the MGA Association.