Arbol's UK MGA operates under FCA regulations, enabling us to implement a customized approach for global markets. Through our MGA, we craft specialized coverage for weather-related risks in the agriculture, energy, and construction sectors.
Arbol UK is actively engaged with the insurance broking community to forge partnerships for the distribution of climate risk parametric products. We’re keen to collaborate with risk-management teams to assist businesses in need of climate protection.
Arbol has transacted more than $1 billion in notional risk since its inception in early 2020. We have won industry recognition for products such as Insurance Insider’s 2023 Underwriting Innovation of the Year Award and have also received positive testimonials from our clients about our services.
Through our association with the Lloyd's of London marketplace we have established partnerships with capacity providers and large global reinsurers to augment our global reach. By leveraging Lloyd's global licensing network, we offer weather and climate risk transfer products to a broad and underserved audience, particularly focusing on SMEs.
To learn more, contact us today to explore opportunities to supercharge your clients’ climate-risk resilience.Any carrier ratings contained herein are as of November 16, 2023. A.M. Best ratings are under continual review and subject to change. Current ratings can be found at www.ambest.com.
Mr. Muir is the Director, London Markets for Arbol and is located in London. He has over 10 years of experience in the insurance industry working for two of the largest global brokers in Willis Towers Watson and Howden Insurance Broking Group. He led the placement of the first insurance parametric contract protecting various global credit unions and local farmers from the impact of catastrophic hurricane damage. Mr Muir holds his ACII qualification.
Mr. Ibarra is Vice Chairman, LATAM and has worked for over 20 years driving innovation in the financial industry for multifaceted agencies, financial intermediaries and national/regional governments. As Lead Financial Officer at the World Bank, he designed and placed over $1billion in disaster risk financing products. He also has significant commercial experience; prior to his role at the World Bank he was Assistant VP for Insurance Linked Securities (ILS) at Partner Re. In his former position as GP CEO, his corporate mandate was to leverage advances in climate science, data modeling and financial engineering to build the tools needed to understand, manage and mitigate the risks of extreme weather and natural disasters anywhere in the world. Mr Ibarra was the Portfolio Manager of the Natural Disaster Fund (NDF) which is a $120 million vehicle designed to underwrite natural hazard and extreme weather risk into geographies and to clients who typically find it difficult to source underwriting capacity.
