Apollo Syndicate Management continues actuarial build-out with senior hire

Independent specialist insurer and reinsurer Apollo Syndicate Management (Apollo) has appointed Paul Grimsey as chief actuary, effective December 2. Grimsey will lead the Apollo actuarial team and report to Vinay Mistry, who joined Apollo as chief risk officer this month.

Grimsey joins Apollo with more than 18 years of actuarial experience. He is currently joint chief actuary and executive director at Antares Managing Agency, which he joined in 2013, before progressing to his current roles and joining the board in 2017. He has also held the position of actuarial director at QIC Global since 2018.

In the past, he has served in senior positions at WR Berkley Insurance (Europe) and Randall & Quilter Management Service between 2007 and 2012, having begun his career at Ernest & Young (now EY) in 2001. Grimsey has a broad range of expertise in pricing, reserving and capital modelling.

David Ibeson, Apollo CEO said: “Apollo places great value on the talent within our team. Supported by our analytics and actuarial unit, we are constantly working to optimise our business pipeline, employing data, state-of-the-art technology and best-in-class modelling to evaluate our portfolio.

“Paul will be a great addition to the business as we work to consolidate and grow our actuarial and risk functions. He is a highly respected actuarial professional and his deep knowledge and experience will be invaluable in supporting the underwriting team.”

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