Swiss Re Corporate Solutions appoint Jake Algar Head UK & Ireland
Swiss Re Corporate Solutions has appointed Jake Algar as Head UK & Ireland1, effective 1 May 2018. In this role, Mr. Algar will be responsible for managing the strategy, development and performance of the company's presence in the British and Irish corporate insurance markets. He will also be instrumental in implementing the company's primary commercial insurance strategy and accelerating growth via its new regional hub in Manchester. Based in London, he succeeds Marc Davis, who will continue with Corporate Solutions in a fully dedicated capacity as Head Sales UK & Ireland.
"Jake is joining us at an exciting time," said Fred Kleiterp, CEO of Europe, Middle East & Africa, Swiss Re Corporate Solutions. "We have expanded our regional presence in the UK and are starting to lead domestic and international corporate insurance programmes. Continuing our momentum in delivering relevant products and services to clients and brokers locally remains our focus. Jake's extensive network coupled with his industry and local market knowledge makes him the perfect choice to lead our ongoing growth in the UK. We look forward to working with him."
A British national, Mr. Algar is joining Swiss Re Corporate Solutions with more than 15 years of experience in the primary insurance market and has held several senior positions in broker management, sales and business leadership.
Swiss Re Corporate Solutions serves clients and brokers in the UK and Ireland from offices in London and Manchester, and across the EMEA region from offices in Amsterdam, Copenhagen, Dubai, Frankfurt, Genoa, Johannesburg, Madrid, Milan, Munich, Paris and Zurich.
Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Our innovative, highly customised products and standard insurance covers help to make businesses more resilient, while our industry-leading claims service provides additional peace of mind.
Product scope – Our Specialty cover for UK and ROI clients includes Marine, Aviation, Financial lines, Healthcare, Political Risks, Credit and Surety, Power and upstream/downstream energy, Weather and Agricultural solutions.
Financial strength – Our strong financial ratings include “AA-” by Standard & Poor’s, “Aa3” by Moody’s and “A+” by A.M. Best.
Knowledge – We have extensive risk knowledge and a wealth of experience in a wide range of sectors which enables us to offer thought leadership and guidance as well as insurance.
Capacity – Our large net capacity enables us to underwrite some of the largest risks across a broad spectrum of industries.
Innovation – we have a proven track record of developing innovative risk solutions, including parametric covers, NDBI coverage, weather solutions and reinsurance of corporate captives.
Global – In the UK, we have over 165 employees serving clients and brokers from offices in London and Manchester. Swiss Re Corporate Solutions has over 50 offices in more than 20 countries.
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