Africa Specialty Risks
Africa Specialty Risks (ASR) is enabling sustainable economic development by fulfilling unmet insurance needs. Our platform provides local underwriting expertise, an unparalleled distribution network and access to global capacity.
Founded in the heart of Africa and with offices across the continent and the Middle East, they provide regional market knowledge, data insights, and technical proficiency for capital partners who are looking to increase their presence in growth markets.
ASR’s aims to boost developing markets domestic capacity by offering specialist risk mitigation products to businesses and investors from the initial investment phase to construction and operation. This speciality sectors include Energy, Political Risk, Trade Credit, Property, Political Violence and Terrorism, Construction, Liability, Parametric, Treaty, Captives, and Marine & Aviation.
They also participate on each and every risk we underwrite with balance sheets in Bermuda, Mauritius and through Syndicate 2454 at Lloyd’s. ASR is committed to accelerating business growth by providing customised service and innovative insurance products to enable development.
ADVISORY COUNCIL NOMINEE
Mikir Shah
CEO
Africa Specialty Risks Ltd (ASR)Mikir Shah is Founder and Chief Executive Officer of Africa Specialty Risks, with over 25 years of experience in Africa.
Prior to ASR, Mikir was Founder and Chief Executive Officer of AXA Africa Specialty Risks. A highly skilled practitioner with extensive financial experience, Mikir has also previously held the position of Head of Insurance (UK) and Head of Financial Institutions at Barclays Investment Bank. He started his career at ABN AMRO Bank N.V where he became Head of European and Emerging Markets before joining Macquarie Capital as Head of India showcasing his diverse market experience and skillset.
An advocate of taking a proactive approach to insurance by finding and working with clients on the ground in Africa, Mikir was born in Kenya and has frequently visited Africa to understand client’s specific needs and provide solutions.
