Alaina Cubbon has joined Elementum Bermuda in the position of vice-president, portfolio management on the organisation’s investment team.

The alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments said the addition of Ms Cubbon is part of a continued effort to strengthen its presence and operations on the island.

Elementum said Ms Cubbon will focus on portfolio construction and underwriting for Elementum's CRI-inclusive funds.

She joins from the ILS investment team at Hiscox in Bermuda where her responsibilities involved portfolio construction, reporting, valuation, and systems and product development.

Previously, Ms Cubbon held roles as Vice President of analytics and research at Hiscox Re in Bermuda, and was a member of the property underwriting team at Catlin Underwriting (formerly Wellington Underwriting) in London.

In addition to her extensive reinsurance market experience, Elementum said, Ms Cubbon’s depth of ESG-expertise will be instrumental as the firm evolves its approach and framework to ESG management.

Ms Cubbon said: "I am thrilled to join Elementum as the firm furthers its evolution and growth in Bermuda.

"Our investors have come to rely on the depth of reinsurance expertise the team brings to the investment process. I look forward to helping our team enrich the already high standard of portfolio management Elementum's investors have come to expect."

Paul Barker, partner and portfolio manager in Bermuda added: "Underpinning our investment and underwriting processes is our talent.

“Rooted in our firm's culture, our collaborative nature and focus on inclusion across experiences, skill sets, and perspectives has allowed us to cross-train our team and increase participation by our people in the entire investment life cycle.

“Alaina brings robust experience in the industry and I couldn't be happier for her to join our team in Bermuda as we continue to scale our operations and deliver exceptional experiences for both our talent and our investor community."

Elementum Advisors has offices in Chicago and Bermuda.