18 May 2022Insurance

Acrisure Re expands in Asian facultative market poaching WTW talent

Acrisure Re, the reinsurance division of global broker  Acrisure, has launched a new facultative operation in Asia – its first footprint outside of North America and Europe – to be led by a senior recruit who held multiple roles at leading brokers  Willis Towers Watson,  Aon and  Gallagher Re as well as Lloyd’s of London.

Acrisure Re has launched a new Hong Kong operation with the appointment of Duncan Ainsby as senior vice president of facultative reinsurance and head of Asia. Ainsby will be based in  Acrisure Re’s new offices in Hong Kong and will report to Ghassan Mansour, managing director and head of facultative in London.

Ainsby has more than 35 years of experience in complex risk and multi-line insurance, facultative and treaty reinsurance. Prior to joining  Acrisure Re, he held multiple director and regional roles at  Willis Towers Watson and  Aon, with his most recent position being strategic account director client management at Willis Towers Watson Australia. He began his career as a reinsurance broker at a Lloyds of London brokerage and later became a director and senior broker at  Gallagher Re.

In his new role, Ainsby will be responsible for leading and expanding  Acrisure Re’s Hong Kong operation as well as building strategic partnerships within the facultative reinsurance sector across the Asia region.

Mansour said: “From a facultative perspective, the Asian market is incredibly important and our decision to expand into this market was a natural next step for  Acrisure Re. Duncan’s broad reinsurance expertise and extensive network will be vital as we look to capitalise on the various treaty and facultative opportunities in this region and I am excited to welcome him to the team.”

Ainsby commented: “I am delighted to have the opportunity to establish and grow  Acrisure Re’s first office footprint outside of North America and Europe. The company’s experience and global network across all disciplines will allow us to provide innovative solutions to our client base. I look forward to working with Ghassan and the rest of the international facultative team.”

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