- Grant Maxwell takes on new global role reporting to Michael Hohmann, Global Head of Alternative Risk Transfer
- Dan Tomlinson succeeds Grant Maxwell as Head of Alternative Risk Transfer, Regional Unit London
today announced that Grant Maxwell, current Head of , Regional Unit London (RUL) moves to a newly created global role, Head of Underwriting and Portfolio Management, reporting directly to Michael Hohmann, Global Head of ART. Dan Tomlinson, currently a senior ART underwriter in London, succeeds Grant Maxwell as Head of ART for AGCS’ RUL region which includes UK, Ireland, Dubai, Russia and the Nordic Region. In his new role, Dan Tomlinson will report to Tracey Hunt, Deputy CEO, AGCS UK. Both appointments are effectively immediately.
In October 2018 AGCS announced a restructure of its ART line of business into two specialist teams: the Insurance-Linked Markets team became a standalone line of business known as Capital Solutions, led by Richard Boyd; the remaining ART practice groups providing Corporate Solutions, Reinsurance and Climate Solutions continue under the Alternative Risk Transfer name, led by Michael Hohmann.
In his new role, Grant Maxwell will be responsible for overseeing the global ART and Capital Solutions underwriting process and shared services as well as portfolio management for the ART line of business. As Regional Head of ART, Dan Tomlinson will work closely with Grant Maxwell and the ART leadership team, including regional heads Karsten Berlage in North America, Richard Green in Asia Pacific and Rob Makelaar in Europe, the Middle East and Africa (EMEA).
ART services corporate clients looking to combine non-traditional Alternative Risk Transfer solutions with AGCS’ traditional product range. The ART offering typically includes non-traditional covers on a multi-line, multi-year basis, as well as services such as fronting for captive programs for large corporate customers, as well as specialist reinsurance and bespoke weather insurance.
“Grant has been a key member of the ART team since 2008, and has been involved in many of our significant initiatives since that time. I’m confident he’ll continue to help us deliver innovative and cutting-edge risk transfer solutions to help our clients manage their businesses in today’s environment,” said Global Head of ART, Michael Hohmann. “Dan’s expertise has enabled us to build our bespoke weather insurance solutions into a key part of the business. I’m excited to have both Grant and Dan as part of my global leadership team.”
Tracey Hunt, Deputy CEO AGCS UK added, “An increasing number of our multinational customers demand more customized and sophisticated risk transfer solutions particularly around their more complex or ‘intangible’ risks. Grant’s new global role and Dan’s appointment as Regional Head of ART will position us well to strengthen our bespoke solutions beyond traditional risk transfer.”
Grant joined AGCS in March 2008 and has been Regional Head of ART for RUL and also Head of ART Deal Management since February 2010. Prior to his time with AGCS, he held senior roles at XL Capital and Tillinghast, a unit of Willis Towers Watson specializing in risk management and actuarial consulting.
Dan joined AGCS and the ART team in 2011, and has built the area of Weather Risk into a growing and very successful part of the ART line of business. Previously, Dan held senior roles at Galileo Weather & Energy and XL Capital as well as Deutsche Bank and other financial markets positions.