Collinson appoints new Chief Underwriting Officer

05 December 2016
Collinson has appointed Saugata Basu as Chief Underwriting Officer. In his role, Saugata will partner with the Collinson's capacity providers to develop an underwriting framework that enables future growth and commercial success. He will drive underwriting discipline in decision-making; lead the analytics, pricing and reserving activities of the company; as well as contribute to strategic planning and performance measurement as part of the senior management team.

Saugata brings more than 15 years underwriting & actuarial management experience in the UK insurance and reinsurance market. His expertise lies in underwriting, pricing, profitability turnarounds, financial & risk analytics and driving return on marketing investment. He has led multinational project teams on multiple occasions, and managed deals with Insurers/Reinsurers, managing general agents (MGAs) and Captives. 

Saugata joins Collinson from Munich Re, where his role focused on structured financial solutions and new risks. Before joining Munich Re, he was Europe Chief Underwriting & Actuarial Officer at the Warranty Group. Prior to that, he spent several years at GE Capital and later at Genworth Financial Europe in a number of capacities including Technical Director of Marketing Solutions, and Europe Underwriting & Pricing Leader.

Saugata Basu, Chief Underwriting Officer, Insurance and Assistance, Collinson, said: "I am delighted to be joining Collinson at a time when the firm is investing in consolidation and growth in Insurance and Assistance, and capitalising on new opportunities globally. With a history of product innovation and service excellence, Collinson has established itself as a partner of choice for many international companies and I am looking forward to playing a central role in driving our Insurance offerings forward to cement our position in the market."

David Evans, Joint CEO, Collinson, said: "Saugata has proven industry experience and deep technical knowledge and I know he will fit very well into the aspirational mindset of the wider team at Collinson. His addition to the business will further strengthen our ability to provide innovative and differentiated insurance and assistance solutions to our partners and customers around the world."

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