Obsidian Insurance Holdings has announced the promotion of Kim Ho Lo to the role of chief actuary. Lo will continue to report to Obsidian CEO William Jewett.
“Kim Ho joined Obsidian as lead actuary soon after we formed the company, and he has been a key member of our leadership team,” Jewett said. “He has extensive industry experience leading actuarial teams and has been instrumental over the past two years in establishing a very capable and effective actuarial and risk management unit.
“He has played a key role in delivering innovative solutions for our program partners differentiating Obsidian in a highly competitive marketplace. Kim Ho has also done excellent work developing a bespoke underwriting and actuarial data and performance management platform. We strongly believe that it will create significant value for our program partners and reinsurers.”
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“Obsidian has provided me with the resources, support and environment to create a cutting-edge actuarial practice driven by data and technology,” Lo said. “It has been rewarding to be part of a client- and relationship-focused company that is intensely focused on data, analytics and technology to create value for all stakeholders.”
Lo has more than 20 years of experience in pricing, reserving, rate filing and risk management in both commercial and personal lines. Prior to joining Obsidian in 2020, he served as a senior pricing actuary at Blackboard Insurance. He has also served as vice president and senior pricing actuary at Sompo International and actuarial consultant at Perr&Knight. Lo began his insurance career at Zurich North America.