Strategic Risk Solutions has hired Paul Fitzgerald to join the company’s new venture, SRS Altitude as chief operating officer.
In his new role, Fitzgerald will lead SRS Altitude’s operational, data, analytics, reporting and risk management activities.
Launched earlier this month SRS Altitude, is a managing general underwriter (MGU) focusing on alternative risk transfer solutions, led by Loredana Mazzoleni Neglén.
The MGU will begin operating in the first quarter of 2024 with structured (re)insurance and parametric products at the core of its offering.
“Paul has the experience and drive that fit with our vision for the COO role,” said Brady Young, CEO of SRS.
“I believe he will be a tremendous asset to assist the structuring and implementation of the strategic vision for SRS Altitude.”
Fitzgerald has more than 20 years of experience in property and casualty (re)insurance across multiple lines of business and markets.
Prior to joining SRS, he held senior roles for Swiss Re Corporate Solutions, WTW, Allianz, and AVIVA.
“The reputation of SRS in the market speaks for itself and I am thrilled to be joining such an exceptional organization,” Fitzgerald said.
“In a continuously changing risk environment, the increasing demand for alternative risk transfer solutions signifies a dynamic shift toward innovative approaches and in this regard, Altitude is well positioned to respond to clients’ needs.”