OAK Horizon
OAK Horizon offers a cross-class strategy focused on underwriting risk solutions across the climate & technology ecosystem, underwritten through our Lloyd’s syndicates.
Underwriting leadership
Cathal Carr
Founder, Group Chief Executive Officer and Chief Underwriting Officer
Tom Dickson
CUO, OAK Horizon and President, Innovation Strategies
Glenn O’Halloran
Class Lead, Transition
Hugo Buckmaster
Class Lead, International Property Catastrophe
Ciara Svensen
Underwriter and Head of Capital Solutions
Our strategy
The intersection between climate and technology will drive significant opportunity across the risk landscape over the coming decades.
From a climate resilience perspective, technological and data advancements enable enhanced pricing and structuring of evolving weather risk transfer, supporting (re)insurance penetration to reduce the protection gap through traditional and parametric solutions.
Technological innovation can drive increased efficiency in addressing the energy needs of an evolving global economy, with the opportunity to enhance energy security and mitigate reliance on higher cost and finite legacy systems.
Our risk appetite
Our proprietary framework identifies transactions aligned with our risk appetite in the following areas:
Technological transformation
As investments continue to accelerate in new technologies and infrastructure, the role of insurance is clear in spreading risks across the financial sector.
Product innovation
New risk transfer mechanisms, such as parametric covers, can help reduce the protection gap and offer attractive returns for insurers and reinsurers.
Extreme weather and disasters
Helping reduce the protection gap for emerging weather risks such as wildfires and floods.
Food security
Our food systems are vulnerable to both weather risks and nature loss. Our industry can improve the resilience of this crucial sector.
Public sector partnerships
Facilitating risk transfer from the public sector to the private insurance market to reduce pressure on public balance sheets.
Developing economies
Developing countries are often the most exposed to extreme weather and have the largest insurance gap. Closing this gap helps protect vulnerable communities, whilst growing new insurance markets.
