Africa Specialty Risks Welcomes Sylvain Coutu as Director of Innovation and Sustainability Initiatives
Africa Specialty Risks (ASR), a leading player in the (re)insurance sector focused on developing markets, has recently appointed Sylvain Coutu as its new Head of Innovation and Sustainability. In this pivotal role, Sylvain will spearhead ASR’s parametric offering, enhancing underwriting, business development, and portfolio management.
New Leadership at ASR
As ASR aims to bolster its suite of sustainable parametric products in high-growth markets, Sylvain’s leadership will be crucial. He is set to focus on:
- Product development
- Expanding market presence
- Enhancing parametric offerings tailored for unique regional challenges
About ASR
Africa Specialty Risks specializes in providing tailored (re)insurance solutions across Africa, the Middle East, and other emerging markets. The company is dedicated to fostering economic resilience through innovative risk transfer products. This commitment aligns with ASR’s mission to support sustainable development in these regions.
Sylvain Coutu’s Experience
Sylvain Coutu brings over a decade of experience in the insurance industry, previously serving as the head of agricultural insurance at AXA Climate. His expertise includes:
- Developing financial risk solutions for agriculture and forestry
- Innovating insurance solutions at Swiss Re
- Leading special lines and agriculture underwriting
Strengthening ASR’s Parametric Division
Earlier this month, ASR also appointed Fanny Dunner as an underwriter in its parametric division. Based in London, Fanny will report directly to Sylvain and joins from Generali, where she held a similar position. This addition reinforces ASR’s commitment to leading specialty underwriting in developing markets.
Recent Achievements
ASR’s parametric portfolio has gained significant traction, especially following the December 2024 Mozambique cyclone. The firm provided essential financial support to small-business owners in the agricultural sector during this crisis.
Commitment to Sustainable Development
Martin Boreman, ASR’s Director of Underwriting, stated: “Sylvain’s appointment underscores ASR’s commitment to enabling sustainable development across Africa and the Middle East. His experience in sustainable and technology-based insurance solutions is vital for enhancing resilience in our key markets.”
Sylvain expressed his enthusiasm, saying, “I am thrilled to join ASR at such an exciting time. I look forward to collaborating with the team to implement solutions that foster resilient and sustainable communities throughout Africa and beyond.”
For more information on ASR’s initiatives and offerings, please visit their official website.
