Ledger Investing, the insurance coverage know-how (insurtech) and insurance-linked securities (ILS) centered firm, has added a brand new senior rent, taking skilled ceded reinsurance govt and chief Amy Stern from data-driven insurer Pie, to fill the brand new position of Chief Government, Reinsurance.
Ledger adopts a technology-led strategy to creating dangers investable and has enabled third-party capital suppliers to again virtually $2 billion in casualty premium to date and the corporate is a pioneer within the burgeoning casualty ILS house.
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 Government, Reinsurance. With over 25 years of expertise as a reinsurance purchaser, vendor, and dealer, Amy brings a wealth of data 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 diverse 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 supply bespoke consulting companies to the re/insurance coverage trade, together with on reinsurance and third-party capital use.
In 2019, Stern grew to become 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 turning into its SVP for Threat 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 robust 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.
