LONDON, September 26, 2024 -/African Media Agency (AMA)/- Africa Specialty Risks (ASR), an insurance and reinsurance group operating in Africa and the Middle East, announces the appointment of Aurélien Sauty as head of its new Marine and Aviation division, as Head Of Marine and Aviation Lines.
Aurélien, based in the ASR office in Dubai, brings more than 16 years of expertise in the field of insurance, with a strong specialization in the Marine and Aviation lines. He started at AXA, where he worked as an underwriter in France, Dubai and London. Recently, Aurélien held the position of Assistant Vice President in charge of Marine activities for the Middle East at Berkshire Hathaway Specialty Insurance.
This strategic expansion, together with Aurélien’s appointment, illustrates ASR’s commitment to offering premium, global underwriting solutions, specifically designed for risks specific to Africa and the Middle East. The new Marine and Aviation lines will aim to offer specialized coverage, perfectly suited to the complex risks inherent in these sectors.
This launch comes at a key time when the logistics, shipping and aviation sectors are experiencing strong expansion. ASR’s new offering will help mitigate the risks inherent in these industries, while facilitating operations and supporting the economic growth of the countries concerned.
By combining solid knowledge of the markets in Africa and the Middle East, as well as advanced skills in risk assessment, ASR is able to offer tailor-made solutions, perfectly adapted to the expectations of its clients, whether they whether regional or international.
Mikir Shah, CEO of ASR, said: “We are delighted to welcome Aurélien to our team and expand our underwriting capabilities with the launch of our Marine and Aviation divisions.
Aurélien’s appointment and the creation of these divisions reflect our commitment to mitigating investment risks and building resilience in Africa and the Middle East. It also demonstrates our continued commitment to providing our clients with high-level risk management solutions.
This coverage is crucial in the current economic context, where the maritime and transport sectors constitute essential levers for global economies. By positioning ourselves on these lines, we will help reduce risks in these strategic areas. »
Aurélien Sauty, newly appointed head of ASR’s Marine and Aviation underwriting, comments: “I am very pleased to join ASR at such an important time for the company. Contributing to the growth and success of ASR in the marine and aviation sectors is a real challenge that I look forward to taking on. I am delighted to be able to collaborate with the ASR team to offer our clients in Africa and the Middle East innovative insurance solutions adapted to their needs, while supporting them in the effective management of their risks. »
Distributed by African Media Agency (AMA) pour la Africa Specialty Risks (ASR)
ABOUT ASR
Africa Specialty Risks (ASR) provides comprehensive risk reduction solutions through high quality insurance to local and international clients in Africa and the Middle East, with operations in London, Mauritius, Bermuda and in Morocco. Since its launch, ASR has helped de-risk $28 billion of projects and assets in 66 countries.
In addition to our reinsurers in Bermuda and Mauritius, ASR’s unique co-reinsurance model involves collaboration with local and international (re)insurance companies. In 2024, ASR launched Syndicate 2454, the first Africa-focused syndicate underwriting business at Lloyd’s.
ASR covers different types of risks more specifically in the sectors of commercial credit, political violence, terrorism, real estate, energy, construction, civil liability, parametric risks, political risk and treaties. ASR also offers a complete captive solution to businesses and financial institutions.
ASR is supported by Helios Investment Partners’ Fund IV and benefits from its presence across Africa, as well as its knowledge and experience in our key markets.
CONTACT MEDIA
Africa Speciality Risks
Mikir Shah, CEO
+44 20 7920 3150
Perpetual Motion
Samantha Seewoosurrun
samantha@perpetualmotionltd.com
+230 5772 4400
Source : African Media Agency (AMA)
2024-09-26 10:41:39
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