20 November 2015News

International General Insurance appoints UK actuary

International General Insurance Holdings (IGIH) has appointed Simon Pollack as actuary at its London business IGI UK.

Pollack has more than 20 years’ experience, having previously held senior actuarial positions for a range of financial services companies including AXIS Capital, Zurich Insurance, and HSBC.

“As IGI UK continues on its path of profitable growth, it is essential that we maintain the highest standards of risk management,” said Andreas Loucaides, chief executive officer of IGI UK.

“Simon is a first class actuary who is well-respected in the market, and he will help strengthen the actuarial team in London.”

IGIH, which is registered in the Dubai International Financial Centre with operations in Bermuda, Jordan, Malaysia, Morocco, and London, reported net profits of $16.2 million in the first half of 2015 and shareholder equity of $279.3 million.