LONDON, October 11, 2024 -/African Media Agency (AMA)/- Africa Specialty Risks (ASR), a (re)insurance group operating on the African continent and the Middle East, is pleased to announce the appointment of Amit Khilosia as Director of Distribution.
With over 35 years of experience at Lloyd’s, Amit brings considerable expertise in (re)insurance market development and stakeholder engagement strategies in Africa. In his new role, he will lead ASR’s distribution efforts to continue to expand the company’s presence in Africa and the Middle East, delivering tailored risk solutions and strengthening client engagement.
Amit began his career at Lloyd’s in 1989, where he held various roles in finance, regulatory and market development. Among his notable achievements, he negotiated and expanded Lloyd’s market access strategies in Africa, and led the rollout of Lloyd’s South Africa Ltd as Managing Director. In 2013, he was appointed Lloyd’s Regional Director for Africa, and most recently served as Regional Director and President of Lloyd’s South Africa.
Amit will leverage his in-depth knowledge of the African context as well as his extensive network to help ASR strengthen its presence in Africa and the Middle East. Based in ASR’s UK office, he will work closely with the management team to drive ASR’s distribution strategy, further develop strategic partnerships, strengthen ASR’s market access and support growth plans. over the long term of the company in both regions.
“Amit’s appointment demonstrates our continued ability to attract top talent as we expand our presence in the African market and the Middle East. Amit brings strong experience from Lloyd’s and has also been appointed to the ASR Executive Committee, where he will play a key role in supporting our growth. His in-depth knowledge of (re)insurance and his experience in Africa align perfectly with our vision. We are confident that Amit will open new growth opportunities and strengthen our relationships with our customers and partners in these regions. » underlined Mikir Shah, CEO of ASR.
Commenting on his appointment as Director of Distribution at ASR, Amit Khilosia said: “This is an exciting time for the company, and I am delighted to be joining ASR to help achieve our strategic objectives. Having worked for over three decades at Lloyd’s, I look forward to sharing my experience to strengthen ASR’s already impressive network in Africa and the Middle East and contribute to growth in these regions. I am excited to be a part of the company’s success and to be part of this incredibly talented team. »
Distributed by African Media Agency (AMA) pour Africa Specialty Risks (ASR)
CONTACT PRESSE
Africa Speciality Risk
Mikir Shah, CEO
Via Perpetual Motion Ltd
Perpetual Motion
Samantha Seewoosurrun
samantha@perpetualmotionltd.com
+230 5772 4400
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.
Source : African Media Agency (AMA)
2024-10-11 13:05:00
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