LONDON: Apollo, the independent specialist insurer and reinsurer, today announces the addition of construction physical damage to its growing portfolio.
To lead this expansion, Tim Cook has joined the firm as head of construction, reporting to Kate Foster, the newly appointed divisional head of Apollo’s property team who joins in January 2023.
Tim brings extensive experience in leading the strategic direction of successful construction and engineering business, having worked in the market for 37 years. He joins Apollo from Allianz Global Corporate & Speciality, where he was the North American Regional Head of Energy & Construction, most recently based in New York.
"Tim brings complementary expertise to our
existing construction liability portfolio."
James Slaughter, CUO, commented: “Having received Lloyd’s approval of our 2023 plan, we are excited to expand our construction capability with the addition of construction physical damage.
Tim brings complementary expertise to our existing construction liability portfolio, to support our valued clients. This is another positive move for Apollo as we continue to diversify our group wide offering to achieve our ongoing strategy of profitable growth