Independent specialist (re)insurer Apollo Syndicate Management (Apollo), announce the appointment of Paul Grimsey as chief actuary, effective 2 December 2019.

In Grimsey’s new role he will lead the Apollo actuarial team and report to Vinay Mistry, who joined Apollo as chief risk officer earlier this month.

He joins the firm with more than 18 years actuarial experience and is currently chief actuary and executive director at Antares Managing Agency. In addition, Grimsey has held the position of actuarial director at QIC Global since 2018. Grimsey has a broad range of expertise in pricing, reserving and capital modelling.

He has previously held senior positions at W.R. Berkley Insurance (Europe), and Randall & Quilter Management service having begun his career at Ernest & Young (now EY) in 2001.

David Ibeson, at Apollo Syndicate Management, said: “Apollo places great value on the talent within our team. Supported by our analytics and actuarial unit, we are constantly working to optimise our business pipeline, employing data, state-of-the-art technology and best-in-class modelling to evaluate our portfolio. Paul will be a great addition to the business as we work to consolidate and grow our actuarial and risk functions. He is a highly respected actuarial professional and his deep knowledge and experience will be invaluable in supporting the underwriting team.”