Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has named Risa Ryan as chief underwriting officer and a member of its executive team.

Ms Ryan reports to James Shea, chief executive officer for Sompo International, and is based in New Jersey.

In this newly created position, the company said, she will create a collaborative global framework exhibiting best-in-class underwriting and pricing tools to ensure a consistent underwriting approach, delivering products and services that address the multinational needs of its clients.

Mr Shea said: “I’m delighted to welcome Risa to Sompo International. The role of CUO at this stage of our growth is critical to help ensure we continue to operate in a nimble way with a focus on our clients in every market.

“It is key we build the global underwriting communities and tools across all of Sompo International and collaborate closely with Sompo Japan as more and more of our products and exposures are global.

“With her wealth of experience and extensive knowledge of the insurance industry, I am confident Risa will play a critical role in the next stage of our organisation.”

Ms Ryan joins from Swiss Re where she served as global head of standard insurance products.

She said: “I’m thrilled to join Sompo International at this point in time. I see a tremendous opportunity to further enhance the underwriting function and to contribute value to the business.”