Singapore-based boutique insurance solutions consultancy Kairos Risk Solutions has strengthened its presence in the North American reinsurance and risk advisory market with the acquisition of Molto Re.
As part of the acquisition, Josh Madson has been appointed Managing Director (MD) of Kairos Risk Solutions North America.
The transaction is consistent with Kairos’ long-term strategic growth plans and strengthens its ability to provide risk solutions to clients outside of Asia.
Molto Re brings expertise and established client relationships that complement Kairos’ existing consulting practice and artificial intelligence solutions.
In his new role, Madsen will lead regional strategy, customer development and operational growth across North America.
The combined organization will reportedly leverage shared capabilities, broader market access and enhanced analytical resources to deliver traditional and parametric custom risk transfer solutions.
Kairos explained that the integration process will focus on maintaining customer continuity while introducing new AI-integrated solutions to the market.
Jeffrey Khoo, CEO of Kairos Risk Solutions, commented: “Bringing Molto Re into the Kairos Risk Solutions family is an important milestone in our growth journey. Their expertise aligns closely with our vision of delivering innovative and client-focused risk solutions.
“We are also pleased to welcome Josh Madson as Managing Director, North America. His leadership and market experience will help us expand our presence in the region.”
