Apollo Underwriting
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The carrier said the deal would support continued growth in its “hybrid model”. -
The CEO says the appointment is a “critical element” of Apollo’s strategic expansion plan for the line of business.
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Doug Ker will work to enhance levels of profitability across the firm’s underwriting cells.
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Both new hires will work on building up Apollo’s casualty team.
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The SPA was launched in 2019 and generated a combined ratio of 88.8% last year.
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Farah Buckley has nearly 20 years of financial services experience and comes with a ‘deep understanding of M&A, risk and corporate finance’.
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The underwriter will take over as head of property treaty.
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The business has also hired Neon’s former innovation head Luke Sanders as its strategic projects head.
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The new recruit, a former senior Liberty Mutual executive, put his insurance start-up plans on ice last November.
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