Pool Re has announced the appointment of Andrew Stark (pictured) to a newly created role, head of underwriting, effective immediately.
Stark joined Pool Re ahead of the April 2025 change from a facultative obligatory treaty to an annual aggregate XOL treaty scheme. He will report to Jonathan Gray, chief underwriting officer.
Recently, Stark conducted an expert peer review for Chaucer's international property cat XL book. He has over 20 years of experience as a Lloyd’s underwriter and was previously head of property at Chord Re.
“We are pleased to welcome Andrew as the new head of underwriting. His extensive expertise in global treaty underwriting will be invaluable in supporting the transformation efforts as we navigate the changes to our reinsurance scheme, and continue to support the resilience of the UK economy,” Gray said.
“Pool Re plays a vital role in supporting the insurance market to help build national resilience against terrorism and I am delighted to join at such an exciting time. Supported by extremely talented underwriters, I look forward to working with Jonathan to ensure the success of the scheme and the positive impact the changes will have on members, customers and the terrorism insurance market,” Stark said.