Obsidian Insurance coverage Holdings has introduced the promotion of Kim Ho Lo to the function of chief actuary. Lo will proceed to report back to Obsidian CEO William Jewett.
“Kim Ho joined Obsidian as lead actuary quickly after we fashioned the corporate, and he has been a key member of our management workforce,” Jewett stated. “He has intensive business expertise main actuarial groups and has been instrumental over the previous two years in establishing a really succesful and efficient actuarial and danger administration unit.
“He has performed a key function in delivering progressive options for our program companions differentiating Obsidian in a extremely aggressive market. Kim Ho has additionally performed glorious work creating a bespoke underwriting and actuarial information and efficiency administration platform. We strongly imagine that it’s going to create vital worth for our program companions and reinsurers.”
Learn subsequent: Ex Lockton CEO grabs new insurance coverage function
“Obsidian has offered me with the assets, assist and setting to create a cutting-edge actuarial observe pushed by information and expertise,” Lo stated. “It has been rewarding to be a part of a client- and relationship-focused firm that’s intensely targeted on information, analytics and expertise to create worth for all stakeholders.”
Lo has greater than 20 years of expertise in pricing, reserving, fee submitting and danger administration in each industrial and private traces. Previous to becoming a member of Obsidian in 2020, he served as a senior pricing actuary at Blackboard Insurance coverage. He has additionally served as vp and senior pricing actuary at Sompo Worldwide and actuarial guide at Perr&Knight. Lo started his insurance coverage profession at Zurich North America.