Flood Re adds four to senior team

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Flood Re has made four hires, bringing in experience from Hiscox, Ageas, Lloyds Banking Group and Aviva.

Andrea Santolalla has joined as director of operations, overseeing claims and underwriting, operations, outsourcing, and IT and data functions.

Santolalla was previously chief operating officer of Hiscox Special Risks and has 15 years’ international experience in insurance, reinsurance and banking.

Stuart Logue has been appointed as chief financial officer having taken up the interim post in October 2020.

His financial services experience includes being CFO at emergency repairs business Homeserve Membership and deputy CFO at Ageas UK.

Emily White has been named head of catastrophe modelling. She has over 15 years’ experience in catastrophe risk modelling and management across insurance, public policy and alternative risk transfer. White joined from Lloyds Banking Group, where she led the weather modelling team.

In addition, Jean Sharp has come on board as a non-executive director. She brings over 20 years of experience at Aviva to the role having most recently held the position of chief taxation officer.

Sharp holds a number of NED roles including chair of the audit committee at investment trust Personal Assets Trust and as an operations and governance committee member of the RAC Pension Trustees.

Flood Re highlighted that it has achieved its target of having 25 percent female representation at board level by 2022. It added that after reaching the goal a year early it will be revising this objective later in the year.

Andy Bord, CEO of Flood Re, said: “I am confident they will do great things here, building on the fantastic work of our existing colleagues.

“They join at a pivotal time for Flood Re, as climate change and growing risks of flood damage put new pressures on insurers.

“I look forward to working with all of the team, and for the experience and insight they will bring with them.”

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