Ledger Investing, a company focused on insurtech and insurance-linked securities (ILS) and backed by venture capital, has named industry veteran Amy Stern as Chief Executive, Reinsurance. Stern, with more than 25 years of experience in the sector, brings a wealth of expertise to her new position.
Previously, Stern worked at Pie Insurance, where she held the role of Senior Vice President, Risk & Reinsurance. Before that, she was the Vice President of Reinsurance and Capital Solutions at the same company. She also has experience working at FTI Consulting as a Managing Director.
Notably, Stern has served as the Chief Ceded Reinsurance Officer at AIG for over five years. Her career in the industry began at Zurich Insurance in New York in 1996, where she worked as the VP of Group Reinsurance. She later joined PartnerRe’s New Solutions division in 2002, followed by roles at Willis Re and Willis Capital Markets & Advisory in 2004.
Samir Shah, the Co-founder & CEO of Ledger Investing, expressed his enthusiasm about Stern joining the company. He highlighted Stern’s extensive experience as a reinsurance buyer, seller, and broker, noting that she brings valuable knowledge and expertise to the team. Shah also mentioned that Stern’s appointment comes at a crucial time for Ledger as they approach $2 billion in casualty premium placed with their ILS investors.
In her new role as Chief Executive, Reinsurance at Ledger Investing, Stern will likely play a key role in driving the company’s growth and strategic initiatives in the reinsurance sector. Her deep understanding of the industry and proven track record make her a valuable addition to the leadership team.
With Stern’s appointment, Ledger Investing is poised to strengthen its position in the market and capitalize on emerging opportunities in the reinsurance space. As the company continues to expand its reach and offerings, Stern’s leadership will be instrumental in achieving its long-term goals and objectives.