Arbol Inc. (Arbol), a global climate risk solutions platform, today announced the appointment of Kit Muir as Director of the London Market. With a demonstrated history of new business development and international growth expansion strategy, Kit brings a wealth of experience to the role.
"We are thrilled to welcome Kit to the Arbol team," said Hong Guo, EVP and Chief Insurance Officer. "His strong negotiation and client relationship skills, along with his experience in structuring parametric insurance solutions for financial institutions and using alternative risk transfer solutions to help clients remove climate risk from their balance sheet, make him the perfect candidate to lead our London Market efforts."
As Director of the London Market, Kit will be responsible for developing and executing Arbol's strategy for the London market and managing relationships with key clients and regional partners. In addition, he will lead the London Market team, ensuring they can effectively communicate Arbol's value proposition to customers and drive business growth.
Arbol continues to build a world-class team, with the recent appointments of Matthew Gabin as Chief Legal Officer and Deputy Chief Operating Officer, and Hector Ibarra as Vice Chairman of LATAM. These strategic hires further strengthen Arbol's position as a leader in the climate risk solutions space and demonstrate the company's ongoing momentum.
Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze, manage, and transfer climate risk. Arbol's products offer parametric coverage based on objective data triggers rather than a subjective loss assessment. Arbol's key differentiator versus traditional InsureTech, or climate analytics platforms, is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive, climate-data infrastructure, scalable product development, automated, instant pricing–using an artificial intelligence underwriter–blockchain-powered operational efficiencies, and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors, Arbol brings scale, transparency, and efficiency to parametric coverage in stark contrast to the oligopoly of reinsurers currently dominating the climate risk