Moody's hires Aon exec as APAC head

Andrew Hare
ANDREW HARE
Moody's Analytics - Moody's RMS Asia
APPOINTMENT
MOODY'S ANALYTICS
Date: 17 August 2022
Position: Moody's RMS Asia
By Elizabeth Fry

Andrew Hare has been appointed Asia Pacific managing director at Moody's risk modelling firm RMS.

In the new role, he will be responsible for the firm's insurance industry strategy and delivery whilst also overseeing client relationships and business development in the region.

Based in Singapore, Hare will report to Michael Steel, general manager at RMS, and Wael Jadallah, Moody's Analytics head of APAC and the Middle East.

He was most recently managing director for Aon's advisory business in Asia.

Before that, he ran director strategy and growth at Aon Reinsurance Solutions across the region.

During his 17-year career with Aon, Hare worked extensively with insurers and reinsurers in the UK, Europe, Bermuda, and North America before moving to Singapore in 2013.

He began his career with Accenture as a management consultant.

"Andrew brings extensive experience in the insurance industry, as well as a thorough understanding of the diverse risk requirements in Asia Pacific, where he has built industry-leading teams and capabilities that have delivered deep insights and added value to insurers and reinsurers," said Steel

"We have always placed a high value on the Asia Pacific region, and Andrew's appointment demonstrates our continued commitment to providing leading insight, data, and analytics to our clients, communities, and the industry."

According to Hare, climate change and natural catastrophes, such as floods, fires, earthquakes, and typhoons, continue to wreak havoc on the Asia-Pacific region.

"Following the devastating effects of the Covid-19 outbreak as well as chronic supply-chain disruptions, heightened cyber-attacks, social and economic inflation, and global geopolitical uncertainty, many economies and communities in the region are continuing their long road to recovery," he added.

The recruit said RMS and Moody's Analytics combined is uniquely positioned to provide a deep understanding of the region's evolving risk profile and increase confidence in risk management and selection.