Hyperion X, the analytics and advisory focused division of Hyperion Insurance Group announced the hiring of three key leadership appointments. Mark Shumway joins as head of advisory, Iain Davie, head of catastrophe modelling and Michelle To, head of business intelligence.
In Shumway’s new role he will specialise in (re)insurance capital management, rating agency advisory, shareholder value, captive strategy, regulatory capital and fundraising. He was recently employed by JLT Re as the firm’s global head of strategic. He has led advisory teams at multiple firms and worked at AM Best as a lead insurance credit analyst.
Iain Davie brings over 2 decades of underwriting, exposure modelling and technology consulting experience to the team. He joins Hyperion X from Quantemplate where he served as head of solution architecture.
Additionally, Michelle To joins the firm highly experienced using enterprise data to help clients execute strategic growth plans in the (re)insurance market. She joins from Aon Consulting, Bermuda where she advised clients on growth, portfolio optimisation and value creation. Prior to this she worked as a financial analyst at Guy Carpenter.
David Flandro, managing director, Hyperion X Analytics: “With Mark, Iain, and Michelle now on board, and with the formation of our Advisory, Catastrophe Modelling, Business Intelligence, and Actuarial pillars, Hyperion X Analytics has established itself as the premier alternative in an increasingly narrow broking analytics market.”
Elliot Richardson, chairman of RKH Reinsurance Brokers added: “High-level analytics capabilities obviously complement our 70-strong reinsurance broking team, especially the recent additions to our treaty area. In addition, our combined capabilities allow us to bring more powerful insights with support being made available to all Hyperion clients.”
Barnaby Rugge-Price, CEO, Hyperion X added: “We are building the next generation of risk transfer technology, analytics, and consulting in Hyperion X. In doing so, we are acquiring the top advisory and analytical talent in the sector. Mark, Iain, and Michelle join a growing team of Actuarial, Advisory, Business Intelligence, and Catastrophe Modelling professionals. The powerful combination of our tools and technology combined with our growing, highly talented Analytics team is allowing us to create an offering which is truly unique for the benefit of our clients.”