18 September 2017Insurance

Twelve Capital hires Barbican executive

Twelve Capital, an investment firm specialising in insurance investments, said on Sept. 18 that it hired Aaron Coates to the firm’s London office.

Coates joins the company as an executive director in the sourcing team, with a principal concentration on sourcing ILS transactions as well as private debt deals in the US.

With nearly 20 years of industry experience, Aaron joins Twelve Capital from Barbican Insurance, where he spent almost 10 years as business group leader for the firm’s property reinsurance business. During his tenure, Coates’ main responsibilities were the implementation and delivery of the portfolio’s underwriting strategy and the strategic development of the property reinsurance portfolio.

Prior to joining Barbican Insurance, Aaron spent time in Bermuda with Montpelier Re working on the firm’s retrocession portfolio “Blue Ocean Re”.

Urs Ramseier, CEO of Twelve Capital, said: “We are truly excited to have Aaron joining the firm. Aaron’s extensive knowledge of the insurance industry will further enhance our ability to serve clients across the firm’s insurance debt and ILS portfolios. We are delighted to welcome Aaron to the team.”

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