OAK Reinsurance Announces Range of Appointments

The latest news from OAK Reinsurance (“OAK”), a global reinsurance provider, who has announced number of strategic appointments as it continues to develop its underwriting organisational structure and builds upon its successful launch on 25^th November 2024. Here are the details;

Since 1^st January 2025, OAK has successfully written approximately $400m of GWP at its target expected profitability, with an extremely positive global reception resulting in over 400 clients and a team build approaching 50 staff across Underwriting, Capital & Risk and Finance & Operations.

OAK has appointed the following underwriting leadership roles across its three segments of Property, Specialty and Credit, under the leadership of Cathal Carr as Group CUO:

• Director of Underwriting, Property: Sarah Walcott

Responsible for property lines including property catastrophe, property specialty & property per risk; reporting to James Irvine, CUO, OAK Re

• Director of Underwriting, Specialty: Conrad Williams

Responsible for specialty lines including marine, energy, political violence & cyber; reporting to James Irvine, CUO, OAK Re

• Director of Underwriting, Credit: Karen Barker

Joining OAK Re in Q4 2025, Karen will be responsible for credit lines including conventional credit (single-name, whole turnover, ECAs), political risk and surety. She will report to Tom Dickson, President, Innovation Strategies

In addition, the following underwriters will assume cross segment roles:

• Head of Ceded: Ciara Svensen

Responsible for strategic planning and execution of ceded across all classes of business; reporting to Alex Winfield – Chief Capital Officer & Head of Strategy

• Head of Business Development: Tom Morgan

Responsible for management of strategic assumed relationships with distribution partners and global multiclass clients; reporting to Roland Morse – Managing Director, London

Chief Executive Officer, Founder and Group CUO, Cathal Carr said: “The quality, breadth and diversity of talent we have appointed across Underwriting, Capital & Risk and Operations & Finance is absolutely fantastic. This development of our organisational structure will enhance our capabilities in these areas, while ensuring we are focussed on servicing our clients and distribution partners, providing solutions in areas of evolving risk, and delivering profitable growth”.