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# Apollo Launches New Specialty Treaty Class of Business

## Independent specialist insurer and reinsurer Apollo has announced the launch of a new Specialty Treaty class of business within the Reinsurance Division of Syndicate 1969, effective from 1 January 2024.

According to Apollo, the new portfolio will have a specific focus on the niche classes of Credit, Mortgage, and Surety reinsurance.

This strategic development is a testament to the firm’s commitment to providing crucial reinsurance leadership “in a time of increased complexity.”

Chris Chandriotis, who will be transitioning from his role as a Pricing Actuary, will be instrumental in building out this opportunity while also overseeing the management of the International Property RI book.

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Paul Sandi, ApolloÔÇÖs Head of Reinsurance, expressed enthusiasm about the expert team leading the division’s development, expanding into new areas, and bolstering support for clients. Jessica Gibbons is also set to join the team in November to further strengthen their capabilities.

James Slaughter, ApolloÔÇÖs Group CUO, emphasized the continued growth of the Reinsurance division following the successful launch into Casualty Treaty in 2022. Paul, Anthony, Chris, and Jessica are now well-positioned to offer clients a range of products across Property, Casualty, and Speciality, meeting the rising demand for innovative risk solutions.

In other news, Apollo recently partnered with Artificial Labs, an algorithmic underwriting insurtech, to introduce a new smart collaboration aimed at providing fast, consistent, and reliable capacity for London market brokers.

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