Skyline taps ex-Aon/Miller/Swiss Re speciality risk expert
Parametric insurance underwriting agency Skyline Partners has engaged a broking veteran, formerly of Aon and Miller, to enhance product development, distribution and funding capabilities for its clients.
Ken MacDonald (pictured) will use his newly launched Ri3K consulting to support Skyline.
MacDonald has 35 years’ experience leading and growing businesses across a range of specialty re/insurance product areas, with particular expertise in alternative risk transfer in the global large corporate segment.
McDonald was most recently executive chairman, head of corporate development, and an equity partner at Miller Insurance. Prior to joining that, he was CEO at Aon Global UK, after spending nearly 14 years at Swiss Re’s International Risk Management Group (IRMG).
MacDonald said: “Parametric products can enhance almost any risk transfer programme in multiple ways, including for captives. They provide the first widely applicable supplement or alternative to conventional indemnity insurance to have come along during my career. In Skyline, I see a hub of parametric innovation whose independence and technology have already proven able to help even the most experienced market incumbents get a new parametric product designed and operational. I am happy to help bring their unique bundle of services to a wider audience, and help put truly useful new structures into action.”
Laurent Sabatié, Skyline’s co-founder and executive director, said: “Parametric structures are rapidly being adopted as a credible and extremely efficient alternative to conventional risk transfer. They are delivering a radical change to the way businesses are insured. We’ve engaged with Ken MacDonald to help spread the news through his network, and to support our clients – whether corporates, insurers, brokers, or reinsurers – in their efforts to get parametric products off the ground.”
Gethin Jones, Skyline co-founder and executive director, added: “As a speciality risk expert who has worked directly with major insurance buyers for decades, Ken MacDonald has genuine insights into the risks at the coal face. He understands firsthand the places where parametric insurance could help to close the coverage gap for intangibles, deductibles, retentions, and other hard-to-transfer risks. We really look forward to working with him.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze