26 November 2019Analysis

Amynta hires global head of warranty structured solutions and reinsurance

Amynta Group, which provides protection products and services across the automotive, consumer and specialty equipment markets, has named Scott Allan as global head of warranty structured solutions and reinsurance.

Allen is responsible for delivering structured solutions and driving growth across the warranty business.

Allen brings 28 years of reinsurance experience, focused on the automotive warranty sector. He helped build reinsurance platforms across industries seeking captive solutions, and co-founded StatSure Financial. He also founded Oceanus Reinsurance AI (later named Spencer Re), which targeted the automotive warranty sector.

He has also worked at Zurich Insurance Group, heading up participatory reinsurance solutions and contingent compensation arrangements, and multiple underwriting positions with Employers Reinsurance Corporation.

Dennis Kane, CEO of global warranty at Amynta, said the appointment positioned the company to build its current product offerings into a full suite of innovative solutions, giving its customers greater optionality.