Hanni Ali is the new senior vice-president, risk and analytics at Hamilton Re, the Bermudian-based insurance and reinsurance platform for Hamilton Insurance Group.

Mr Ali joined the company in July 2014 and will be overseeing a team of nine that includes catastrophe modellers and data scientists. He has responsibility for providing the portfolio reporting for Hamilton’s management, board, regulators, market bodies and rating agencies.

In particular, Mr Ali directs the development of Hamilton Risk & Analytics Platform, a proprietary, comprehensive reinsurance system used across Hamilton to provide high-performance stochastic pricing and portfolio calculations. According to Hamilton Re, Harp is considered one of the most advanced platforms of its type currently in use in the re/insurance industry.

“This is a well-deserved, well-earned promotion,” said Hamilton Re chief executive officer, Kathleen Reardon. “At Hamilton, we’ve set an aspirational mission: we’re writing the future of risk. Hanni’s commitment to our mission and his impressive work in this regard have been, and will continue to be, key contributors to our success.”

Mr Ali came to Hamilton Re after two years with Allied World Assurance Company where he was responsible for developing pricing and portfolio accumulation, reporting and analytics systems, and the pricing of inward and outwards reinsurance contracts.

Between 2008 and 2012, Mr Ali worked for Montpelier Re where he was involved in the establishment of Montpelier’s Lloyd’s Syndicate 5151 and associated Managing Agent, supporting underwriting and risk management of binders, treaty, retro, direct and facultative business.

Prior to entering the reinsurance sector, he spent four years in London’s financial services sector, developing equity, commodity and foreign exchange pricing models. He also ran his own start-up, developing high performance computing systems.