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Africa Specialty Risks (ASR), a pan-African-focused reinsurance group, has announced that it has appointed insurance veteran Sylvain Coutu as Head of Innovation and Sustainability, where he will lead the firm’s Parametric division, overseeing underwriting, business development, and portfolio management.

ASR also confirmed that in his new role, Coutu will be involved in product development and market expansion, where he will focus on strengthening the company’s sustainable parametric solutions in growth markets.

Overall, Coutu brings over 10 years of expertise across the insurance sector towards his new role.

He joins ASR from AXA Climate, where he served as Head of Agricultural Insurance, and was responsible for developing financial risk solutions in agriculture, forestry and other natural assets for the company.

Before he joined AXA Climate, Coutu worked at reinsurer Swiss Re, where he served as a Senior Agriculture Underwriter, before later being promoted to Head of Innovation & Special Lines.

Earlier this month, ASR also added Fanny Dunner as an Underwriter within its Parametric division, where she will report to Coutu.

Based in London, Dunner joined ASR from Italian insurer Generali, where she previously served in a similar role.

Addressing his appointment, Coutu said: “I am very happy to be joining ASR at such an exciting stage in its journey. I look forward to working with the team to deploy solutions which will build more resilient and sustainable communities throughout Africa and the developing world.”

Martin Boreman, Director of Underwriting, added: “Sylvain’s appointment underscores ASR’s commitment to enabling sustainable development across Africa, the Middle East and other growth markets. His experience in building and deploying sustainable and technology-based insurance solutions will be instrumental in supporting our efforts to build resilience across our key markets.”

“I’m also pleased to welcome Fanny to ASR. She is a seasoned parametric underwriter and will continue to position us as the leading specialty underwriting firm in developing markets.”

Africa Specialty Risks appoints Sylvain Coutu to lead its Parametric division was published by: www.Artemis.bm
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