Lively Re names new chief working officer

The board of administrators of reinsurer Lively Re has formally introduced the promotion of Robert Ali to the function of chief working officer, efficient April 4, 2024.

With an expansive profession spanning over 15 years within the reinsurance market, Ali joined Lively Re in 2019 as deputy chief working officer. All through his tenure, he has been key in driving the corporate’s development and success by way of his management abilities and strategic insights, it was acknowledged.

In his capability as chief working officer, Ali will play a key function in growing strategic partnerships with managing basic brokers (MGAs) throughout varied areas and contours of enterprise.

Ali involves the place holding an MS in insurance coverage and threat administration from Cass Enterprise College in London, together with an MB in administration with a specialization in finance from Heriot-Watt College in Scotland. Moreover, he has achieved a number of skilled {qualifications}, together with ACII, ARM, and ILS.

On the announcement of his promotion, Lively Re’s CEO, Ramon Martinez Carrera, expressed his confidence in Ali’s talents.

“We lengthen our heartfelt appreciation to Robert for his invaluable contributions throughout his tenure with the corporate. We now have full confidence in his skill to excel in his new function,” he mentioned.

Based mostly in Barbados, Lively Re operates beneath a Common Insurance coverage and Reinsurance License issued by the Monetary Companies Fee of Barbados (FSC). The corporate engages in a broad spectrum of reinsurance actions, overlaying sectors similar to affinity, property & engineering, power & energy technology, credit score & surety, and casualty.

Along with its enterprise strains, Lively Re makes a speciality of offering custom-made various threat switch options (ART), which embody actuarial evaluation and threat administration consulting providers. Moreover, the corporate has prolonged its choices to incorporate legal responsibility and monetary strains in addition to marine cargo, working by way of varied managing basic brokers (MGAs).

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