Sompo International names four new hires
Bermudian-based Sompo International has announced four new hires as it looks to build up its global business.
The company, which runs the non-Japanese business of Tokyo-based giant Sompo, said yesterday that Patrick Cove had joined the company to become global head of aviation reinsurance, to be based in the Zurich office.
Mr Cove was previously with Qatar Re, where he was most recently head of aviation and marine treaty reinsurance.
Also yesterday, Sompo International said Yoshitaka Abe had joined the firm as executive vice-president, head of Asia Pacific business development and strategy. He will be based in Singapore.
Mr Abe joins the company from Sompo Holdings where he held various senior roles within the Sompo organisation over his 27-year tenure, most recently, general manager of the SJNK Global Reinsurance Department.
Yesterday’s announcements followed Friday’s news that Sompo International had hired Jonathan Monks and Ben Tasse as senior vice-presidents, business development, for the company’s US Insurance platform.
Mr Monks joined from AIG, where he was most recently managing director in the insurer’s property and casualty, New York region, division.
Mr Tasse joined Sompo International from Axis Capital where he held underwriting and managerial positions, most recently, vice-president, professional liability underwriter and manager within Axis’ private-equity and venture capital team. In these new roles, Mr Monks and Mr Tasse are responsible for broker and agent relations and business development strategies to strengthen the platform’s interactions with key US distribution markets.
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