Sompo Canopius AG (“Sompo Canopius”) today announces the appointment of Tim Watson as Credit & Political Risk underwriter, effective immediately.
Tim was previously political risk and credit underwriter at AmTrust at Lloyd’s. He will underwrite a broad spectrum of credit and political risks, and report to Bernie de Haldevang, who heads the Credit & Political Risk team in addition to his role as Global Head of Specialty.
The appointment underlines the group’s strategic intention to expand its underwriting in the Credit & Political Risk and Trade Credit areas, and overall it forms part of targeted plans for broader diversification and expansion of the group’s specialty lines. As part of this, Sompo Canopius recently announced a new Trade Credit insurance team led by Will Clark that focuses primarily on excess of loss short term business.
Bernie explains: “We have a clear strategic plan to grow a number of our specialty lines, which Tim’s appointment and other recent hires clearly demonstrate. We will continue to bolster our underwriting significantly and adopt more prominent leading positions as we make further hires. We are pleased that Tim has joined the team, bringing both his underwriting and technical risk assessment skills to the role. I am also looking forward to making further announcements in the near future.”
– Ends –