OAK Re is a global reinsurance company headquartered in London, operating through Lloyd’s Syndicate 2843. The company is dedicated to underwriting a resilient future by combining scientific and data-driven analytics with extensive underwriting expertise to address the evolving risk landscape. OAK Re's mission is to embrace challenges and create opportunities, with a vision to become a leading global risk partner.
Strategically, OAK Re focuses on delivering innovative risk solutions across multiple lines through collaborative, long-term partnerships. The company leverages advanced analytics and scientific methodologies to craft tailored solutions that support the development of innovative, profitable opportunities for clients. Operating within the Lloyd’s of London framework, OAK Re targets a diverse range of markets, providing stability and expertise to navigate complex and dynamic risk environments.
In April 2025, OAK Re received Lloyd’s approval to increase its 2025 business plan for Syndicate 2843 to over $400 million in gross written premium, following an outperforming first quarter. The company collaborates with prominent capital providers, including Bain Capital and Hampden Agencies, the largest provider of private capital to Lloyd’s. Polo Managing Agency provides turnkey services for Syndicate 2843.
OAK Re's underwriting portfolio encompasses multiple lines, delivering innovative risk solutions through collaborative partnerships. The company employs advanced analytics and scientific methodologies to develop tailored solutions that support clients in building resilience against evolving risks.
OAK Re distinguishes itself through the integration of scientific data and advanced analytics in its underwriting processes. This data-driven approach enables the company to provide innovative risk solutions and leading insights, setting it apart in the reinsurance industry.
The leadership team at OAK Re comprises experienced professionals with diverse backgrounds:
- Cathal Carr: Founder, Chief Executive Officer, and Chief Underwriting Officer.
- Irfan Haq: Chief Financial Officer.
- Karl Stanley: Chief Technology Officer.
- Alex Winfield: Chief Capital Officer and Head of Strategy.
- Kirsten Mitchell-Wallace: Chief Risk Officer.
In May 2025, OAK Re announced several key appointments to strengthen its team:
- Tom Dickson: Appointed as President, Innovation Strategies, joining from New Energy Risk, where he served as CEO.
- Roland Morse: Assumed the role of Managing Director, London, joining from Guy Carpenter.
- Karen Barker: Joined as Credit Underwriter, previously Senior Underwriter at Axis Capital.
- Deepon Sen Gupta: Appointed as Head of Capital Partnerships, with prior roles including Group Chief Strategy Officer at Neon.
These appointments reflect OAK Re's commitment to building a market-leading team with a dynamic synthesis of knowledge and experience.
The reinsurance industry is characterized by a competitive landscape with several key players:
- Swiss Re: A leading global reinsurance company based in Switzerland.
- Munich Re: A major reinsurance firm headquartered in Germany.
- Gallagher Re North America: A prominent reinsurance broker in the United States.
These competitors focus on various areas within the reinsurance sector, employing diverse technologies and strategies to address market demands.
OAK Re has established significant collaborations to enhance its market position and innovation capacity:
- Bain Capital: A blue-chip capital provider supporting OAK Re's initiatives.
- Hampden Agencies: The largest provider of private capital to Lloyd’s, collaborating with OAK Re.
- Polo Managing Agency: Provides turnkey services for Syndicate 2843.
These partnerships strengthen OAK Re's capabilities and expand its reach within the reinsurance market.
OAK Re's strategic roadmap focuses on expanding its underwriting portfolio, enhancing technological capabilities, and strengthening client relationships. By leveraging its current strengths and strategic partnerships, the company aims to achieve its vision of becoming a leading global risk partner.
For more information, visit OAK Re's official website.
