Specialist MGA hires ex-Markel leader as new chief data and actuarial officer

Moonrock Insurance has appointed Rory Galloway as its new chief data and actuarial officer.

The specialist MGA has created the new role as part of its long-term strategy to invest in data, analytics and actuarial expertise.

Galloway will lead Moonrock’s actuarial, pricing, portfolio analytics and data strategy functions in his new role, aiming to help the business strengthen risk selection, enhance decision-making and identify emerging trends.

Galloway said: “I’m delighted to be joining Moonrock at such an exciting stage of its growth. The company has built a strong reputation for specialist underwriting and innovation within the unmanned aviation sector.

”What particularly attracted me was Moonrock’s ambition to combine deep technical expertise with a modern, data driven approach to insurance. The opportunity to help develop that capability and support the next phase of the company’s growth is incredibly exciting.”

Experience

Galloway joins Moonrock from Markel International, where he served as head of reserving and signing actuary.

A fellow of the Institute and Faculty of Actuaries, he brings more than two decades of actuarial and insurance experience.

Simon Ritterband, managing director at Moonrock, said: “This appointment is about much more than adding another senior leader. It reflects where we believe the future of insurance is heading.

”Moonrock has always challenged conventional thinking within insurance. The creation of this role demonstrates our commitment to investing in the people, technology and analytical capability needed to build a business fit for the future.”