Markel CATCo hires experienced senior actuary Fredricks

Markel CATCo Investment Management Ltd., the Bermuda headquartered reinsurance and retrocession linked investment and fund manager, has hired Alissa Fredricks, an experienced actuary who has previously worked at AIR and Aon.

Markel CATCo announced the “strengthening of its actuarial capability” with the hire of Fredricks, who has been appointed as Senior Actuary for the reinsurance linked investment manager.

Fredricks has more than 10 years of experience in actuarial roles. Before joining Markel CATCo, Fredricks worked at AIR Worldwide, where she worked as a Senior Manager providing catastrophe risk modeling consulting studies and software services to brokers, insurers, reinsurers, ILS & capital markets, regulators, rating agencies and other insurance industry stakeholders. Prior to AIR, Fredricks worked in actuarial consulting services at Aon and Willis Towers Watson.

Tony Belisle, Chief Executive Officer of Markel CATCo Investment Management Ltd., commented on the hire; “Much of the success of Markel CATCo’s unique product is owed to the strength and accuracy of the modeling that sits behind it. This critical part of our business allows us to provide our clients with increasingly sophisticated solutions. Alissa will play a key role in delivering further value to our clients and I warmly welcome her to the Markel CATCo team.”

Fredricks will report to Sam Niles, Chief Actuary at Markel CATCo

Also read:

– Markel CATCo names Watson as new Chief Underwriting Officer.

– Markel CATCo raises another $10.9m for retro reinsurance fund.

– Markel CATCo ILS fund reduces side pockets for UK floods, US storms.

– Markel CATCo fund shareholders benefit from 18.1% 2015 total-return.