Apollo Appoints Tim Cook As Head Of Construction
Apollo Appoints Tim Cook As Head Of Construction
Tim Cook will be in charge of Apollo, an independent specialized insurer and reinsurer, as it expands its line of business to include construction physical damage.
ALSO, READ Aurora appoints WTW’s Ian Thomas as Head of Product and Insight
Cook joined the company as head of construction and will answer to Kate Foster, who was been named divisional leader of the Apollo property team and will start working for the company in January 2023.
Cook has 37 years of expertise in managing the strategic direction of prosperous engineering and construction companies.
He joins Apollo from Allianz Global Corporate & Speciality, where he was the North American Regional Head of Energy & Construction, most recently based in New York.
Apollo Appoints Tim Cook As Head Of Construction
James Slaughter, CUO, commented: “Having received Lloyd’s approval of our 2023 plan, we are excited to expand our construction capability with the addition of construction physical damage.
“Tim brings complementary expertise to our existing construction liability portfolio, to support our valued clients.
“This is another positive move for Apollo as we continue to diversify our group-wide offering to achieve our ongoing strategy of profitable growth.”
ALSO, READ Tokio Marine Kiln Completes Sale of US Construction Business To Intact
Apollo has made a number of appointments in recent months. In January, the firm announced Martin Jackson’s appointment as the new head of aviation. This was followed by appointments in May and June of Susan Pateras and Stuart Davies to the respective roles of independent non-executive chair of its Bermudan subsidiary and non-executive director.
AllInsuranceHUB is a blog for everyone who seeks an informative, educative, and knowledge-based online insurance and investment community. We share Biographies, Top-notch investment tips, finance news, insurance policy details, and much more. You can read and share thoughts, ideas, and opinions on the finance market and get real-time updates from around the globe.