WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt
Insurance broker WTW announced it has appointed David Singh as head of Climate Analytics and Exposure Management for its Insurance Consulting and Technology business. In his new role, Singh will be based in London and is to join the company in March 2022.
Singh served as the group head of Exposure & Portfolio Management at global insurer MS Amlin, where he was responsible for the group’s risk aggregation and reporting activities across all its legal entities. He most recently project managed the delivery of exposure, portfolio and underwriting performance solutions for natural and man-made catastrophe exposures in its European entity AISE.
Prior to MS Amlin, Singh worked for Lloyd’s of London with senior responsibilities that included managing the society’s catastrophe risk appetite, managing multiple regulatory filings to and from the market, and ensuring managing agents exceed Lloyd’s expectations and exposure management standards. During his time at Lloyd’s, he devised and implemented a number of catastrophe model validation concepts and Solvency II returns that are still used in the market today.
With over 20 years of modeling and reporting experience across multiple underwriting classes and regulatory regimes, Singh has chaired the Lloyd’s Market Association’s (LMA) Exposure Management Working Group (EMWG), co-founded and co-chaired its Climate Risk Working Group (CRWG), and was a member of the LMA’s Cyber Risk and Strategy Group (CRSG). Singh also holds a position on the ISCM’s (International Society of Catastrophe Managers) Board of Directors.
Singh has been instrumental in assisting the insurance market with many aspects of managing natural catastrophe exposures. He has comprehensive modeling validation and climate risk knowledge and has been consulted on model completeness frameworks and climate-related catastrophe risk solutions for and on behalf of the Lloyd’s market.
“David brings an exceptional level of expertise and experience in exposure management to this new role. Insurers are under increasing pressure to understand and tackle the growing uncertainty around climate change-related risks as they look to evolve the role of exposure management in the business,” commented Adhiraj Maitra, global head of ESG and Climate Change, Insurance Consulting and Technology at WTW.
“Working with colleagues across the ICT and Climate and Resilience Hub teams, as well as the wider WTW business, David will be an invaluable asset in leading the development of innovative and practical propositions to help insurers respond and adapt quickly to the climate challenge,” Maitra added.
Source: Insurance Journal, People Moves: WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt