Benfield loses ReMetrics head

Dr Milan Simic, former co-head of the ReMetrics Natural Hazards team at Benfield, has been named managing director of AIR Worldwide Ltd, AIR’s London office.

Dr Simic will be responsible for managing strategic operations in London, including overseeing the client services, software services and business development teams and providing strategic input to AIR’s research efforts in the UK and internationally.

“Appointing Milan to head up AIR’s London operations illustrates our commitment to our growing client base in the UK and Europe,” said Uday Virkud, senior vice president at AIR Worldwide. “Dr Simic’s two decades of risk modeling experience will greatly benefit our clients and I am confident he will succeed in taking our growth strategy in London to the next level.”

“I’m thrilled about joining AIR as they celebrate the twentieth anniversary of the introduction of the first commercial catastrophe model,” said Simic. “AIR is currently in a period of steep technical and commercial ascendancy and I want to play a key role in helping the company increase the level of service and support it provides by working closely with AIR’s London and international clients.”