The programme, set to run from July 1, 2024, to September 27, 2024, will see two analysts from Moody’s Insurance Solutions team join Howden Re’s International Treaty Team, while two analysts from Howden Re will join Moody’s.
This initiative is designed to enhance career opportunities and facilitate a deeper understanding of the industry through hands-on experience. It underscores the commitment of both firms to investing in early-career professionals and fostering an environment of continuous learning.
In addition to the talent exchange, the collaboration extends an existing licence agreement. Howden Re will leverage Moody’s RMS high-definition models and Intelligent Risk Platform to improve their risk assessment and decision-making processes. This strategic move is expected to enhance Howden Re’s capabilities in supporting clients worldwide, demonstrating the synergy between the two companies in driving innovation and excellence in the insurance industry.
Massimo Reina, CEO, Howden Re International, commented, saying: “This extension of our long-standing partnership with Moody’s speaks to the commitment of both organisations to an entrepreneurial and innovative approach, and the development of industry-leading talent. Our partnership with Moody’s supports our delivery of data and technology-driven solutions to clients worldwide, and will now contribute directly to our team development. This talent exchange will not only enhance the skills of our junior analysts but also strengthen the collaborative spirit between our teams, driving innovation and excellence in the reinsurance industry.”
Michael Steel, General Manager, Moody’s Insurance Solutions also said: “Both of our organisations have strong graduate development programmes, built from a shared commitment to finding and developing the brightest talent to benefit our industry. We are delighted to partner with Howden Re on a forward-looking initiative that will help Moody’s analysts get hands-on experience of how Moody’s risk analytics are being used in a dynamic business environment and how our models and data facilitate effective risk transfer.”
He added: “We are also excited to welcome Howden Re analysts to Moody’s, and to help them deepen their modelling expertise to help them better understand and manage the risks shaping insurance today.”
