Taha will apply his understanding of the reinsurance market to accelerate the development of actuarial tools to modernise the underwriting process. Verisk is a leading global data analytics and technology provider.

Taha, who will join in mid-April from Deloitte, will be responsible for all pricing solutions, driving strategy and development across Verisk SBS in this newly created role. His appointment comes as the company responds to clients’ changing needs in terms of actuarial and pricing solutions. Despite a huge amount of investment in specialty insurance and insurtech to provide end-to-end solutions, there are still areas left to explore to accelerate progress in the industry. That’s where Verisk SBS comes in. Taha will focus on bringing together SBS technological solutions and the understanding of gaps in the market.

Richard Smith, Chief Product Officer at Verisk SBS, said: “Taha’s technical actuarial, regulatory and strategic consulting expertise developed across roles at Lloyd’s, Deloitte, QBE and other firms gives him unmatched understanding of the issues faced by the industry. His work at Lloyd’s bringing in the best practice pricing framework has brought sophistication and maturity to the market. His insight into the current market situation and the direction in which businesses are headed, as well as their corresponding technical needs, will benefit our clients and ourselves, setting Verisk SBS apart.”

Taha Ahmad said, “Verisk SBS clients require sophisticated solutions. They need live information on their book of business and the ability to understand, manage and analyse the data. This is so much more than “spreadsheet replacement tools”, and Verisk is certainly responding to these challenges, offering coherent solutions that support the insured, through the broker and the carrier, and all the data in between. It’s an exciting prospect and I’m looking forward to joining the team.”