Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has appointed Sébastien Bardy to the newly created role of Chief Financial Officer (CFO).
Violaine Raybaud, Chief Operating Officer, whose scope initially included the Finance department, will now focus fully on Operations and Descartes Insurance.
Meanwhile, Chloé Duval, who joined Descartes as Head of Finance and played a key role in building a strong team and infrastructure, has been appointed Deputy CFO. She will oversee financial projects and corporate finance, serving as a key partner to Bardy and the broader Finance team.
Bardy brings more than 20 years of industry experience. He joins Descartes from Allianz, where he held senior positions in France and Germany, most recently as Head of Planning & Controlling for Global Lines, Anglo Markets, Asia Pacific & IT.
Previously, Bardy held roles at Deloitte, Natixis, and PwC in areas including accounting, capital management, and M&A.
Touffut said, “I am delighted to welcome Sébastien to the management team. He will optimize our investment strategies, but also further strengthen our strong financial performance and management capabilities overall. He will be instrumental in the achievement of our long-term objectives.”
Bardy commented, “I am excited to join Descartes as they create a major new, global commercial insurer with a technology-backed approach to underwriting based on the underlying risk. The founders’ vision of a company which takes maximum advantage of new approaches to risk transfer puts me at the vanguard of the future of insurance.”
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