Sunday, April 21, 2024

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SRS Altitude hires ART experts Marco Adamo and Roy Baumann

SRS Altitude has continued its hiring spree with the appointments of Marco Adamo and Roy Baumann, as senior alternative risk transfer (ART) experts.

Strategic Risk Solutions announced the launch of managing general underwriter Altitude in November, to be led by former Swiss Re executive Loredana Mazzoleni Neglén.

Adamo will lead SRS Altitude’s property portfolio and Baumann will be responsible for casualty and financial & professional liability (Finpro).

Baumann has held various positions with Converium, Aon and Swiss Re Corporate Solutions, covering topics such as finance, investments, risk analytics, structured solutions and consulting.

Adamo is formerly of Swiss Re Corporate Solutions and brings more than 11 years ART structuring to his new role.

He has held various technical and leadership positions across direct and facultative underwriting and alternative risk transfer.

“I am thrilled to welcome Marco and Roy to our team,” said Loredana Mazzoleni-Neglen, CEO at SRS Altitude.

“Their extensive experience and proven track records will undoubtedly contribute to serving customers, captives, and broker partners with alternative risk transfer solutions and further enhancing SRS synergies in risk consulting and captive management.”

In March, SRS appointed Jan Bachmann as chief underwriting officer of SRS Altitude.

In January, Thomas Keist joined SRS Altitude as chief commercial officer, with the confirmation of Keist following the appointment of Paul Fitzgerald as chief operating officer.

Strategic Risk Solutions acquired captive and insurance manager Robus from the Ardonagh Group in January, further strengthening its presence in Guernsey and adding Gibraltar to its list of domicile options.