Adrees Tinkler to lead Hiscox’s new Alternative Risk Transfer team

Hiscox, a global specialist insurer, has announced the appointment of Adrees Tinkler from Allianz to lead a new Alternative Risk Transfer (ART) team within its London Market business.

Tinkler will be based in London and is set to join Hiscox later this year.

The new ART team team will focus on the expansion of a broad suite of re/insurance products that sit between self-insurance and full risk transfer.

The products can include retention financing programmes, retrospectively rated solutions such as swing deals (where premium adjustments are made post policy period and based on actual loss experience), and aggregate stop losses, explains the firm.

Alternative Risk Transfer offers clients more flexibility and multi-year pricing certainty, allowing for coverage that is more closely tailored to their individual needs.

Tinkler will report to Hiscox London Market’s Chief Underwriting Officer, Paul Lawrence, who commented: “Adding an Alternative Risk Transfer team to our portfolio responds to increasing client demand for innovative insurance solutions, and Adrees’s extensive underwriting experience supports our ambitions to become a leader in the alternative risk transfer space.

“Following the recent addition of new offerings such as financial institutions, technology errors and omissions, and sexual molestation liability, Hiscox London Market’s expansion into alternative risk transfer is a further demonstration of how we continue to broaden our appetite in response to our clients’ evolving risk landscape.”

Tinkler brings a wealth of experience to Hiscox, joining from Allianz, where he was Alternative Risk Transfer Senior Structured Underwriter with strategic oversight of their London wholesale structured re/insurance business.

In this role, he was responsible for managing one of the market’s largest structured US auto liability portfolios. Prior to this, the executive spent two years at AIG as an Actuarial Analyst.