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David Cabral
Strategic Advisor and NED
David V. Cabral is a prominent figure in the insurance and reinsurance industry, currently serving as a Strategic Advisor at Parhelion Underwriting Ltd, a company focused on sustainable finance and ESG (Environmental, Social, and Governance) initiatives. He has an extensive background in the insurance sector, spanning over four decades, during which he has held various roles in claims and underwriting across both life and health as well as property and casualty sectors.
Career Highlights
- Co-CEO of Parhelion Underwriting Ltd: Cabral co-founded Parhelion in 2021, where he has been instrumental in developing innovative insurance products tailored for the evolving needs of businesses transitioning to sustainable practices. Under his leadership, Parhelion aims to provide traditional risk coverage alongside new ESG-specific products.14
- Previous Positions: Before joining Parhelion, Cabral held significant roles at various notable companies including Starr Excess, Marsh, Endurance, and Lloyd’s. His experience encompasses managing operations, mergers and acquisitions (M&A), and overseeing capital raising efforts in both private and public markets.25
- Advocate for Change: Cabral is recognized for his advocacy of business transformation within the insurance industry. He emphasizes the importance of integrating advanced technology and cultural change to adapt to new risks associated with climate change.23
Contributions to ESG
Cabral is a vocal proponent of ESG principles within the insurance sector. He believes that the industry must evolve to meet the challenges posed by climate change and that it can play a critical role in facilitating sustainable economic practices. His work at Parhelion reflects this vision, as the company seeks to align its operations with sustainable investment strategies while delivering strong shareholder returns.146
Communication Style
Known for his clear and forthright communication, Cabral frequently shares insights on industry trends and challenges through various platforms, including podcasts and articles. His perspective is shaped by a comprehensive understanding of the insurance landscape, making him a respected voice in discussions surrounding ESG and risk management.23
In summary, David V. Cabral is a seasoned professional whose career is marked by leadership roles in major insurance firms and a commitment to advancing sustainable practices within the industry through his strategic advisory role at Parhelion Underwriting Ltd.


