USQRisk Appoints Seasoned Actuary to Grow US Alternative Risk Transfer Business
Alex Chen will serve international MGA as Head of US Pricing and Senior Underwriter
NEW YORK, May 30, 2023 /PRNewswire-PRWeb/ -- USQRisk, the international managing general agent specializing in alternative risk transfer solutions, today welcomes Alex Chen as Head of US Pricing and Senior Underwriter. Chen will be involved in USQRisk's underwriting of alternative risk transfer solutions globally and will be leading the pricing of the MGA's US deals. Additionally, Chen will work alongside the leadership team to develop new products and solutions to address the ever-changing risk landscape and evolving needs of clients.
"Alternative risk transfer solutions in the US market have been increasing in popularity as the need for specialized risk management continues to exceed what the traditional market can support. With that increased demand, the need for someone with strong actuarial and structuring experience has only grown as we develop custom (re)insurance solutions for our clients," said Anibal Moreno, CEO of USQRisk. "Alex has demonstrated a keen ability to lead pricing for large (re)insurance portfolios and support respective teams to optimize portfolio management and strategy. I am excited to welcome Alex to the team and look forward to working alongside him as we continue to grow."
Chen comes to USQRisk with nearly a decade of actuarial experience, during which time he was a pricing actuary for over $2 billion in products including those for general liability, workers' compensation, commercial auto, environmental, excess liability, cyber, D&O and more. Chen has a master's degree in actuarial science from Georgia State University.
"USQRisk provides innovative solutions for some of the most complex risks that can be found in the market and I'm looking forward to working alongside some of the best in the industry," said Chen. "I'm eager to put my skills and talents to work, matching USQRisk's diverse array of clients with tailored solutions to their unique needs.
Chen will report to Parag Bavishi, the Global Chief Underwriting Officer, and begins his new role today. To learn more about USQRisk, visit https://www.usqrisk.com/.
About USQRisk
USQRisk focuses on customized risk management solutions to help clients manage volatility and overcome the shortcomings of traditional risk transfer solutions. Leveraging the company's combined 250+ years of underwriting and risk management expertise in senior roles at major insurers and brokers like Allianz, Zurich, Chubb, Aon and Marsh, USQRisk provides nimble solutions to meet the needs of real-world problems. For more information visit https://www.usqrisk.com/.
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SOURCE USQRisk
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