Hyperion X Analytics hires captive strategist as head of advisory

Hyperion X Analytics, the analytics and advisory division of Hyperion Insurance Group, has hired Mark Shumway as head of advisory. He specialises in captive strategy, as well as re/insurance capital management, rating agency advisory, shareholder value, regulatory capital and fundraising.

Shumway has led advisory teams at multiple firms. He has worked at AM Best as a lead insurance credit analyst, having began his career at KPMG as a consultant.

Meanwhile, Iain Davie and Michelle To also join Hyperion X Analytics as team principals. Davie becomes head of catastrophe modelling, bringing over 20 years of underwriting, exposure modelling, and technology consulting experience to his role. He joins from Quantemplate, an insurance technology company, where he was head of solution architecture,  and has previously held senior catastrophe modelling positions at QBE and XL Capital.

To becomes head of business intelligence, and joins from Aon Consulting, Bermuda, where she advised clients on growth, portfolio optimisation, and value creation. She has also served as a financial analyst at Guy Carpenter, and was heavily involved in new business production, client innovation projects and risk management.

David Flandro, managing director of Hyperion X Analytics, said the appointments, along with the formation of the company’s advisory, catastrophe modelling, business intelligence, and actuarial pillars, established Hyperion X Analytics as “the premier alternative in an increasingly narrow broking analytics market.”

Elliot Richardson, chairman of RKH Reinsurance Brokers, said the hires will deliver more powerful insights and support to all Hyperion clients. “High-level analytics capabilities obviously complement our 70-strong reinsurance broking team, especially the recent additions to our treaty area,” he added.