12 October 2015 News

Capsicum Re appoints head of analytics

Capsicum Re, the specialist reinsurance broker, has appointed Stephen Rix as head of analytics.

Rix takes up his position with immediate effect and reports to chief executive officer Rupert Swallow. He joins Capsicum Re from Liberty Special Markets’ commercial division, where he served as chief actuary for over nine years.

Rix has more than two decades of experience in commercial re/insurance, technical underwriting analysis and strategy. He previously founded and led the actuarial functions at Brockbank Syndicate Management, ACE Global Markets and Wurttembergische UK. He is also a founding member of the Lloyd’s underwriting Agents Actuaries Committee.

Swallow said: “It’s my great pleasure to welcome Stephen to Capsicum Re. His depth of experience in building, leading and evolving actuarial operations and teams across nearly all business lines will play an invaluable part in our strategic development. Our analytics function is now set to become a leading resource in our market as we continue to build out our existing team of senior market actuaries and geo spatial modellers, to support our broking teams’ delivery of market leading advice and products.”

Rix added: “Capsicum Re has an increasing reputation for the precision and depth of its actuarial and analytical operations. I’m greatly looking forward to working with the team to build on the existing culture of bringing hands-on technical involvement to underwriting analysis, logistics of information and strategic managerial issues.”

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