USQRisk has appointed John Levy as Global Head of Structured Reinsurance, the firm has announced. Levy brings more than 30 years of (re)insurance industry experience to the role, spanning actuarial, underwriting, and brokering across domestic and international placements. Most recently, he led the Structured Solutions US operation for a global carrier, where his team was responsible for the origination, execution, and portfolio management of bespoke structured (re)insurance solutions. USQRisk is part of Ryan Alternative Risk, a division of Ryan Specialty. Parag Bavishi, Co-CEO and Chief Underwriting Officer for USQRisk, comments: "We are excited to welcome John as Global Head of Structured Reinsurance. With a strong actuarial foundation and impressive leadership experience in underwriting structured reinsurance risks, John has earned the confidence of both buyers and sellers across this specialised sector. With John leading this business vertical, we are well-positioned to further USQRisk's global expansion as a reinsurance intermediary manager for these complex and unique reinsurance products. Moreover, the addition of John to USQRisk serves to reaffirm USQ as a leading alternative risk transfer underwriter." Levy says: "I look forward to being part of USQRisk's seasoned team of alternative risk transfer professionals and the development of innovative tailored reinsurance solutions to meet the increasingly complex capital support needs of insurers. By bringing disciplined structuring expertise and thoughtful capital solutions to the market, we will create durable value for our clients and further enhance the USQRisk / Ryan Specialty brand as a trusted, forward-thinking market leader." USQRisk has two core business divisions. Its Alternative Risk division structures, prices and places specialty (re)insurance for corporate and (re)insurer clients seeking bespoke risk and capital solutions. Its Facilities division develops innovative insurance programmes to address unique risks and highly dislocated markets. The firm, supported by several highly rated (re)insurance carriers, began underwriting non-traditional insurance risks in 2020, with operations in New York and London. Ryan Specialty, founded in 2010, is an international specialty insurance intermediary providing specialty products, solutions, and services for insurance brokers, agents and carriers.
