Arbol hires Guo from GC Securities as Chief Insurance Officer

Arbol hires Guo from GC Securities as Chief Insurance Officer

Arbol, the supplier of market technology supporting parametric threat transfer and weather condition insurance coverage, using wise agreements, has actually made a key hire, bringing onboard Hong Guo from GC Securities as its Chief Insurance Officer.Hong Guo joins Arbol as Executive Vice President and Chief Insurance Officer and will lead all insurance related technique and operations for the company.
Guo has almost 3 decades of worldwide insurance and reinsurance market experience, starting in China at PICC in the companies reinsurance department and then relocating to work at reinsurance broker Guy Carpenter in 1997.
In his time at Guy Carpenter, Guo operated in insurance-linked securities (ILS) circulation and structuring, in the GC Securities unit based in New York.
That expertise will be indispensable to Arbol as it scales up the parametric and weather risk transfer programs it finances and helps with, with Guos ILS connections perhaps able to open up brand-new threat capital sources for the company.
” We are privileged to be able to add an experienced worldwide (re) insurance executive of Hongs caliber to the Arbol team,” Sid Jha, Arbols founder and CEO commented. “Hongs decades of market experience and his positive vision of the markets future will be a crucial property as we want to broaden our existing line of parametric items and serve customers in brand-new markets and regions around the world.”
” Im delighted for the chance to sign up with Arbol and to work with a group that is leveraging its AI-powered exclusive pricing platform, along with information, analytics and blockchain technology to expand the adoption of parametric insurance,” included Hong Guo. “I look forward to bringing innovative, data-driven insurance coverage items to a broader variety of consumers as part of Arbols goal to add to the industrys effort to close the security space.”

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