CatX welcomes new reinsurance executive to spearhead origination

CatX welcomes new reinsurance executive to spearhead origination | Insurance Business New Zealand

Reinsurance

CatX welcomes new reinsurance executive to spearhead origination

He joins the firm with experience in client executive and production roles as well as risk expertise in traditional and alternative risk transfers

Reinsurance

By
Abigail Adriatico

Digital platform CatX has announced the appointment of Jon Wood as the head of origination.

CatX co-founder and CTO Lucas Schneider said that Wood’s more than two decades of experience will be helpful to the firm’s operations.

“With over 20 years in the industry, Jon will help us to secure attractive opportunities for our funds and accelerate the flow of alternative capital into insurance,” said Schneider.

Benedict Altier, co-founder and CEO of CatX said Wood’s appointment coincides with the firm facing interest from new capital sources.

“Jon’s leadership will be key in driving our strategy and helping us to better connect risk with new capital,” said Altier.

Who is Jon Wood?

Wood has more than 20 years of experience within the industry, with his most recent role being in Aon’s retrocession leadership team where he had helped in shaping and executing the company’s global strategy as well as drive high-value transactions throughout the international reinsurance market.

Before Aon, Wood also had senior positions in various firms like Willis Re and Guy Carpenter. He has experience when it comes to client executive and production roles where he has provided his expertise in traditional and alternative risk transfer solutions.

In his new role, Wood will be working with the reinsurance, retrocession, and global corporate broking teams of the firm in order to best leverage the capital that is available through the platform for their clients.

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