Richard Hood (AIISA) in

Richard Hood (AIISA)

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Chief Executive Officer at OLEA Insurance Solutions - South Africa
📍 City of Johannesburg, Gauteng, South Africa

Richard Hood is the Chief Executive Officer of OLEA South Africa, bringing over 30 years of experience in the insurance industry. He specializes in financial risk management and delivering innovative insurance solutions for the Manufacturing, Mining, Retail, Energy, and Hospitality sectors. He holds an AIISA qualification from the Insurance Institute of South Africa.

He has a keen focus on emerging societal risks, frequently commenting on the rise of "express kidnappings" and advocating for specialized insurance coverage to protect individuals and businesses. He emphasizes ensuring the safe release of victims and managing the collateral damage to families and businesses through comprehensive policies.

Unique fact: Richard co-founded the APIO Group in 2011, which later merged with OLEA in 2022 to enhance its service capabilities across the African continent.

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Experience
29 Years
Current Role
Chief Executive Officer
Job Level
Leadership
Location
City of Johannesburg, Gauteng, South Africa
Personality Overview

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Communication Style
Decision Approach
Work Preference

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Priorities

Topics Richard cares about

Emerging Risk Mitigation
Publicly discusses the surge in "express kidnappings" in South Africa, advocating for kidnap and ransom insurance to protect individuals and companies from this growing threat.
Insurance Innovation
He champions a move from traditional insurance to blended self-insurance models for businesses, viewing it as a key step in risk maturity and a disruption to the market.
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Career

Work history

7-2023
Chief Executive Officer
OLEA Insurance Solutions - South Africa
3-2023 - 7-2023
Chief Executive Officer
OLEA Insurance Solutions - South Africa
12-2011 - 4-2023
Director and Co-Founder
OLEA Insurance Solutions - South Africa
1-2008 - 12-2011
Director
Econorisk (Pty) Ltd
1-1996 - 12-2007
Business Unit Leader : Commercial Solutions JHB
Alexander Forbes
In the press

Media appearances

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Education
1991 - 1995
AIISA
Insurance Institute of South Africa
1984 - 1988
Education details unavailable
King Edward VII School
Social presence
in
Behavioral profile

DISC profile (public)

DISC behavioral profile

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