Breach Insurance uses risk manager and chief actuary
Breach Insurance, a developer of cyberinsurance products for the cryptocurrency market, has announced the appointment of Jim Flinn as Chief Risk Officer and Chief Actuary.
In his new role, Flinn will build and lead the actuarial and underwriting teams with an initial focus on strategic opportunities, capital structure and reinsurance, the company said.
“I cannot stress enough that Jim was critical of a hire for our growing team and, more importantly, for the crypto industry at large,” said Eyhad Aejaz. , co-founder and CEO of Breach Insurance. “We continue to see a shortage of reinsurance capacity available for crypto risks, and an individual as talented as Jim – especially given the level of interest and energy he has in the crypto space – is clearly going. demonstrate to both traditional insurance and disruptive crypto industries just how serious Breach is in insuring complex large-scale crypto risks. “
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Prior to joining Breach, Flinn was senior vice president and chief enterprise risk officer at American National Group, where he led the enterprise risk management practice and chaired the property and casualty reinsurance committee. He started his career at the USAA. Flinn is a member of the Casualty Actuarial Society. He has nearly 20 years of experience in P&C actuarial science.
“I couldn’t be more excited to join a team of such caliber to help create a one-of-a-kind insurance solution in the burgeoning crypto market,” said Flinn. “We rarely have the chance to combine personal passion and curiosity with a professional opportunity. I look forward to reviewing our successes in a few years.