Ledger Investing, the insurance coverage expertise (insurtech) and insurance-linked securities (ILS) centered firm, has added a brand new senior rent, taking skilled ceded reinsurance government and chief Amy Stern from data-driven insurer Pie, to fill the brand new function of Chief Govt, Reinsurance.
Ledger adopts a technology-led method to creating dangers investable and has enabled third-party capital suppliers to again virtually $2 billion in casualty premium up to now and the corporate is a pioneer within the burgeoning casualty ILS area.
Samir Shah, co-founder and CEO at Ledger Investing commented, “I’m excited to announce that Amy Stern, CPCU, ARe has joined Ledger as our new Chief Govt, Reinsurance. With over 25 years of expertise as a reinsurance purchaser, vendor, and dealer, Amy brings a wealth of information and experience to our workforce.
“Amy’s arrival comes at a pivotal time as Ledger approaches $2 billion in casualty premium positioned with our ILS buyers.”
Stern has had a various and various profession centered on reinsurance and capital administration, starting from working as a dealer, to a reinsurance purchaser and threat capital supervisor.
She started her profession working at Zurich Insurance coverage in New York as a VP of Group Reinsurance in 1996. Then in 2002 Stern joined PartnerRe working in its New Options division, earlier than becoming a member of Willis Re and Willis Capital Markets & Advisory in 2004.
In 2010, Stern joined Berkley Re as an SVP, then joined AIG as its Chief Ceded Reinsurance Officer in 2013, spending 5 years on the firm.
In 2018, Stern established her personal consultancy ReFlexion LLC, to offer bespoke consulting companies to the re/insurance coverage business, together with on reinsurance and third-party capital use.
In 2019, Stern turned a Managing Director at FTI Consulting centered on reinsurance and different capital consulting and advisory, earlier than then becoming a member of insurtech Pie Insurance coverage in 2021 and changing into its SVP for Danger and Reinsurance.
With experience throughout the chance and capital tower, together with in capital markets and third-party capital, working with ILS markets, Stern has a powerful background to help Ledger Investing as the corporate continues to build-out a specialism in connecting buyers with the returns of casualty insurance coverage threat premiums.
