David Lalonde

David is a Strategic Advisor to Chelsea Avondale and helps to provide technical direction & validation to the scientific underwriting approach deployed by the group.

David is renowned in the field of catastrophe modelling having spent 19 years as Senior Vice President at AIR Worldwide helping to build their world leading catastrophe modelling capabilities. David’s technical expertise in the actuarial application of catastrophe modelling was instrumental to the development many of the natural hazard models that formed the foundation of AIR’s business and product offering. Furthermore, David drove AIR’s expansion of product offerings in the late 2000’s towards the burgeoning area of Insurance Linked Securities, helping to lay the groundwork for the securitization of insurance risk through the associated dynamic financial analysis models for pricing, reserving and corporate planning.

David is a recognized expert and speaker on Insurance Linked Securities and catastrophe modelling with a track record of effectively relating technical concepts to broad audiences. He has appeared as an expert witness in rate hearings and has provided catastrophe modelling expertise on due diligence teams. In addition, David has held numerous other senior roles within the primary insurance and reinsurance industries. David was Chief Risk Officer at reinsurance startup Sequant Re Holdings Limited in Bermuda, Chief Actuary at Insurance Corporation British Columbia and a Director at Coopers & Lybrand (now PWC).