IGI appoints Stephen Rix as Chief Actuary
International General Insurance Holdings Limited (IGI) is pleased to announce the appointment of Stephen Rix as Chief Actuary.
Stephen has a broad and varied experience of insurance and reinsurance at senior executive level. Most recently, he was Head of Analytics at Capsicum Re and before that he was Chief Actuary at Liberty Speciality Markets. He will be based in IGI’s London office.
Waleed Jabsheh, the President of IGI and Executive Director of IGI UK, said: “We are delighted to have Stephen join us at IGI. He is well respected in the market and will help to advance the company’s actuarial potential. He will bring to IGI his expertise in using state-of-the-art technology and data management to develop pricing, reporting, analytical and business planning.
“His wealth of knowledge and experience in insurance and reinsurance will be vital for the company as it expands and grows,” Mr. Jabsheh said.
Stephen qualified as a Fellow of the Institute and Faculty of Actuaries in 1989 and is also a Fellow of the Society of Actuaries in Ireland. He obtained a Bachelor of Science degree in Mathematics from the University of Manchester in 1984.
“IGI is a growing, ambitious and independent company. It is innovative both in its range of products and in its adoption of the latest technology and I’m excited to be joining the team,” said Mr Rix.
Established in 2001, International General Insurance (IGI) is a global privately-owned specialist commercial insurer and reinsurer. Our vision is to be the company of choice for clients and brokers through market-leading service and our reputation for stable management and capital security.
A diverse and highly experienced team of underwriters operates our office in London. We also have offices in Dubai, Amman, Casablanca and Kuala Lumpur.
Our diverse portfolio of specialty lines includes Energy, Property, Construction & Engineering, Ports & Terminals, Financial Institutions, Aviation, Professional Indemnity, Political Violence, Legal Expenses, D&O, Casualty, Forestry and Treaty Reinsurance.
Standard and Poor’s upgraded our financial strength rating to “A- “, with a Stable outlook. A.M. Best rated the company A- (Excellent), with a Positive outlook, stating, “the revised outlook reflects IGI’s consistent record of very strong operating performance and the continuous improvement in its enterprise risk management framework.”
We take pride in providing proactive claims management, coupled with open communication, leading to the efficient handling of claims. We endeavour to act fairly and honourably in our relations with clients and brokers.
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