26 November 2019Insurance

Amynta appoints global head of structured solutions

Insurance and warranty protection solutions provider Amynta Group has appointed Scott Allan as global head of warranty structured solutions/reinsurance. He will be responsible for delivering innovative structured solutions to Amynta’s customers and driving growth across Amynta's warranty business.

Allan brings 28 years of reinsurance experience, focused on the automotive warranty sector. Prior to Amynta, Scott co-founded StatSure Financial and played a key role in the foundation of reinsurance platforms across industries seeking captive solutions.

Previously, he founded Oceanus Reinsurance AI (later named Spencer Re), an international reinsurance company, which targeted the automotive warranty sector. His previous experience also includes positions at Zurich Insurance Group (Universal Underwriters) heading up participatory reinsurance solutions and contingent compensation arrangements as well as underwriting positions with Employers Reinsurance Corporation.

"As we build on our scale and capabilities as a leading warranty administrator, I look forward to Scott building out our reinsurance and structured capabilities for our customers,” said Dennis Kane, Amynta EVP and CEO of global warranty. “Scott's experience and industry relationships position us well to build our current product offerings into a full suite of innovative solutions giving our customers optionality."

Allan said: "I am extremely excited to become a part of Amynta, as we continue to grow and expand our footprint. I look forward to supporting the partnership with the continued creation of cutting-edge solutions to expand Amynta's position in the warranty space."

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