Malibu Life appoints Pavleszek as COO, Hou moves to lead insurance
Malibu Life Holdings Ltd on Tuesday said it has appointed Robert Pavleszek as its chief operating officer, as its predecessor Robert Hou moved to the post of head of insurance.
The Cayman Islands-based reinsurance firm said the appointments are supposed to ‘accelerate growth and strengthen its insurance and reinsurance platform’.
Pavleszek, who previous had senior management roles at USAA Life Company and Guardian Life, will be responsible for scalable infrastructure, operational discipline, and the continued expansion of product and distribution capabilities.
Hou will instead be tasked with ‘expanding Malibu Life’s presence in the asset-intensive reinsurance market, partnering with insurers to develop customised capital solutions through flow and block reinsurance transactions, while collaborating on asset strategies that enhance capital efficiency and asset-liability alignment’, the company said.
Chief Executive Officer Gary Dombowsky said the company ‘is entering its next phase of growth and strengthening our executive bench is critical to that journey’, and that Pavleszek and Hou ‘enhance our ability to scale responsibly and deliver sustainable value across our integrated insurance and reinsurance platform’.
Malibu Life shares were up 0.1% to $17.40 each on Tuesday afternoon in London.
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