David Flandro joins Hyperion X to spearhead new Analytics business
Hyperion X, the data and technology arm of Hyperion Insurance Group today announced that David Flandro has joined as Managing Director, Analytics. In this role, he will spearhead the development of Hyperion’s new analytics business, Hyperion X Analytics (“HX A”), a joint venture between Hyperion X and RKH Reinsurance Brokers. The new business will service RKH’s treaty, facultative, and specialty clients in addition to the wholesale and MGA clients of Howden and DUAL. HX A will encompass Hyperion’s actuarial, catastrophe modelling, and thought leadership functions, and will create the sector’s most innovative strategic advisory offering, underpinned by Hyperion X’s unique and developing product set, and by its proprietary Accelerator data platform.
Barnaby Rugge-Price, CEO of Hyperion X, commented: “Creating a top-class analytics capability has been a key goal for us and we are absolutely delighted to have been able to attract someone of David’s calibre to Hyperion X. We believe a combination of our increasingly comprehensive data set and David’s unique talents in this area will allow us build the new, exciting and independent offering that the market is crying out for right now.”
Elliot Richardson, Chairman, RKH Reinsurance Brokers added: “I am delighted to welcome David to Hyperion and to be part of forming Hyperion Analytics that will bring a fresh and exciting new approach to the industry. Blending technology, data and analytics is the future of the industry and Hyperion Analytics will be able to demonstrate this for clients and colleagues alike.” Flandro joins Hyperion X from JLT Re, where he was Global Head of Analytics and a member of the Executive Committee. While there, he founded and developed its Strategic Advisory team. Prior to this, he co-founded and then led Guy Carpenter’s Global Business Intelligence team. He has worked at Benfield as a member of the Industry Analysis and Research team and at Merrill Lynch where he was an equity analyst covering London market and European insurance. He holds an MBA in financial engineering from the Massachusetts Institute of Technology.
Commenting on his appointment, Flandro said: “I joined Hyperion because of its unparalleled commitment to leading the change currently taking place in the insurance sector. Proprietary data and technology are now the differentiating competitive advantages in our industry. Hyperion X has created a truly unique, client and market-consistent financial data set and have the expertise to deploy it on behalf of clients. This will underpin a new breed of analytics with totally new insights around risk selection, capital, and growth.”