Active Re has named Robert Ali as chief operating officer.
In his new role, Ali will lead the development of strategic alliances with managing general agents across various regions and lines of business, reporting directly to the CEO.
Ali joined Active Re in 2019 as deputy chief operating officer, with extensive experience in the reinsurance market.
He holds a Master of Science (MSc) in insurance and risk management from Cass Business School in London and a Master of Business Administration (MBA) in finance from Heriot-Watt University in Scotland.
He has also earned Advanced Diploma in Insurance (ADI) and Associate in Risk Management (ARM) qualifications.
Commenting on the promotion, Active Re CEO Ramon Martinez Carrera states: "We appreciate Ali for his invaluable contributions during his tenure with the company. We have complete confidence in his ability to excel in his new role."
Based in Barbados, Active Re operates under a General Insurance and Reinsurance License issued by the Financial Services Commission of Barbados.
The company engages in a variety of reinsurance activities, including affinity, property and engineering, energy and power generation, credit and surety, as well as casualty.
In addition to its business lines, Active Re specialises in providing customised alternative risk transfer solutions, which encompass actuarial analysis and risk management consulting services.