Joan Lamm-Tennant, an experienced expert within the microinsurance, index-insurance and emerging market insurance growth field, is joining the Hamilton Insurance Group board of director’s.
Hamilton Insurance Group, the holding company of Brian Duperreault’s property and casualty reinsurance firm Hamilton Re and of Hamilton USA, the organization’s U.S. property and casualty insurance operations, will benefit from Lamm-Tennant’s expertise as the firm seeks continued growth.
Lamm-Tennant is an acknowledged leader in the field of global economics and risk strategy. Her expertise and experience includes emerging market growth strategy, microinsurance and index-insurance solutions, enterprise risk modeling and implementation of risk-based decision processes resulting in capital efficiencies.
“It is with distinct pleasure that I welcome Joan to Hamilton’s Board,” commented CEO Brian Duperreault. “She is a revered business executive, an accomplished scholar and a global thinker. Her passion for innovation matches the strategic focus of Hamilton Insurance Group, and I am delighted to have her with us.”
“I am excited about this rare opportunity to work with esteemed insurance and investment leaders who are building a company positioned to excel in and define a new market environment,” added Ms. Lamm-Tennant.
Lamm-Tennant is currently Global Chief Economist and Risk Strategist at reinsurance brokerage Guy Carpenter & Company, LLC. She has been instrumental in developing an emerging market strategy for Guy Carpenter together with Marsh & McLennan and designing an industry-owned facility intended to create a competitive market for microinsurance.
Lamm-Tennant is soon to transition to the role of Chief Executive Officer of the Microinsurance Venture Incubator (MVI), an initiative launched at the World Economic Forum in January by a group of insurance companies that includes both Guy Carpenter and Hamilton Insurance Group.
It will be interesting to watch Hamilton Insurance Group’s activities in the microinsurance and emerging market insurance and reinsurance space, whether it can gain traction in a market often deemed difficult to make a profit by traditional players, or whether its spin on a traditional model and hedge fund backed asset management approach can help it to differentiate itself.
Lamm-Tennant recently stepped down from a 21 year position on the Selective Insurance Group, Inc. board of directors.