CelsiusPro Group has expanded its parametric Local weather Resilience Options (CRS) capabilities with the addition of a seasoned Catastrophe Threat Finance (DRF) crew from dealer WTW.
In response to the announcement, the brand new hires, who beforehand labored at dealer WTW’s Local weather and Resilience Hub, will be a part of International Parametrics, the parametric threat switch platform acquired by CelsiusPro Group in September 2023.
The crew brings intensive venture administration and consulting expertise from their earlier roles, particularly focusing on public sector, multilateral, humanitarian, and conservation organisations.
Comprising 5 professionals, the crew affords a collective expertise of over twenty years in catastrophe threat finance and associated areas, demonstrated by means of their work on quite a few programmes throughout the sector.
Based mostly in London and Zurich, the expanded CelsiusPro Group Local weather Resilience Options crew can be led by Kay Tuschen, who has headed the unit since October 2023.
Tuschen mentioned: “We created the Local weather Resilience Options crew with the target to ship cutting-edge parametric options to the advantage of climate-vulnerable communities within the International South. With this enlargement of the crew, we usher in good folks with a tremendous observe report on this difficult market. I’m thrilled by the prospects for our crew.”
Jamie Pollard, who’s becoming a member of as DRF Lead, commented: “We’re delighted to make CelsiusPro Group our new dwelling. The corporate’s distinct worth proposition, which integrates technology-enabled parametric insurance coverage structuring and threat capability for local weather resilience initiatives, resonates strongly with each our experience and curiosity. Collectively, we’ll proceed supporting communities and organisations to construct local weather resilience in geographies which were underserved up to now.”
