Sompo
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Based in Boston, Willett will report to Jonathan Monks, Sompo’s EVP head of distribution, business development and client engagement for North America.
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The storm is not expected to be a threat to the order of Jebi or Hagibis.
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Based in North Carolina, the executive brings around two decades of P&C experience to the retail brokerage.
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The platform will be launched with the support of listed energy company NextEra, with paper provided by its captive Palms Insurance.
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The long-serving AIG executive has been on the boards of McGill and Partners and JLT since retiring.
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Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.
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As part of the revamp, Michael Chang has been named global head of customer and distribution.
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Corbett had been with Axa XL since 2016, most recently serving as CUO for life and A&H.
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The executive will be based in Alpharetta, Georgia and report directly to Christopher Sparro, Sompo’s CEO of US Insurance.
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The parties filed a dismissal stipulation with prejudice, meaning that neither Sompo nor Endurance will be able to sue Westfield in any other US court over the same allegations.
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Sompo International has appointed Mike Reid as executive vice president and head of casualty for international insurance.
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Judge Schofield said Sompo’s complaint is thin but not without merits.
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