Innovation is key to profitable growth: Oak Global CEO

Oak Global is looking for new markets and novel forms of distribution as the Lloyd’s newcomer establishes itself, Cathal Carr tells Insurance Day

OAK Global was founded nearly two years ago with the vision of becoming a leading global reinsurance business. One of the first new pure-play reinsurers in the Lloyd’s market for years, founder and chief executive Cathal Carr says the business was established to have an “innovation mindset”.