Ariel Re to launch managing agent at Lloyd’s

Ariel Re has obtained regulatory approval to launch a Managing Agent at Lloyd’s of London. The new managing agency, Ariel Re Managing Agency (ARMA), will assume the management of Ariel Syndicate 1910, together with SPA 6117, from Argo Managing Agency Ltd.

Ariel Syndicate 1910 started underwriting in early 2008. Today Ariel Re employs almost 100 people worldwide.

Ariel Re CEO Ryan Mather said that “the establishment of a Managing Agency is a key milestone in Ariel Re being a Premier Manager of Reinsurance Risk, and the approval of ARMA further demonstrates our commitment to Lloyd’s .

Darren Lednor will be the Managing Director of ARMA. In addition to Lednor, other team members include:

  • Mark Pickett, Head of Underwriting Management in London, who will assume the role of Active Underwriter of Syndicate 1910 and SPA 6117. Pickett has previously held roles with J.P. Morgan, Lloyd’s and Argo Group.
  • Anouchka Gokhool, who will be CFO. With has almost 20 years’ experience in the insurance market, Gokhool held senior roles at Catlin and Tokio Marine Kiln and was most recently Director of Syndicate Finance for Hiscox.
  • Jon Poole, who will be Chief Actuary, has 20 years’ insurance expertise, including a prior spell with Ariel Re. Most recently, he served as Chief Actuary for Blenheim Underwriting.
  • Rebecca Knowles, who will be chief Risk Officer, joined Ariel Re in January this year with 15-plus years’ experience in the insurance market. She most recently served as Deputy Chief Risk Officer of Asta Capital Limited, having previously held senior roles in risk and capital modelling at Catlin/XL Catlin/AXA XL.
  • Martin Vincent, who will be Syndicate Controller, has worked in the insurance industry for almost 20 years and was most recently Head of Syndicate Reporting for Hiscox.
  • Finally, Natalie Dick, who will be Compliance Officer, brings 25 years of experience to her role. She has gained a wealth of experience in compliance for a variety of companies including Amlin, Chubb, Ark, Barbican and Arch Insurance.