Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has announced another key hire, appointing Jeffrey Khoo to lead its Asia Pacific expansion plans.
Khoo most recently worked at reinsurance broker Ed, where he held the role of Chief Marketing Officer, APAC.
Prior to that, Khoo worked for reinsurance firm Swiss Re’s Corporate Solutions division in APAC, as its Head of Food and Agriculture Sales, Asia.
He has also worked in food and agriculture private equity investing in the Asia Pacific region.
Khoo joins Arbol as part of the company’s expansion strategy for APAC and will serve as Arbol’s Vice Chairman, APAC.
Arbol is set to officially open an Asia Pacific office, located in Singapore, this autumn and Khoo will oversee this important launch for the company.
“Jeffrey is a respected and influential leader in the agricultural space who brings to Arbol decades of invaluable experience in key sectors where we have positioned ourselves as a global leader in parametric climate solutions,” Sid Jha, Founder and CEO, Arbol commented on the news.
“Arbol is well positioned to fill a gap in the market for customizable, data-driven climate risk solutions and parametric insurance across APAC and we are excited about the potential for working with companies in the region.”
“I am excited to join Arbol and help make the company a leader in parametrics and climate risk solutions across APAC,” added Jeffrey Khoo.
“APAC needs data-driven, parametric climate risk solutions to help address the sizable coverage gap that exists for climate and weather related events. Arbol has all of the tools to address this global coverage gap, and bring solutions to APAC that enable long-term financial resilience for impacted businesses.”
Arbol also highlighted that the majority of its growth is coming from the agriculture and energy sectors, so Khoo’s experience on the food and agriculture side is a good fit.
In addition, Arbol is also expanding into the leisure/travel and climate risk sectors at this time and transacted $100 million of premium in the first-half of 2022, more than in full-year 2021.
View all of our Artemis Live video interviews and subscribe to our podcast.
All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.
Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
