11 July 2017Insurance

Sompo Canopius boosts credit, political risk with Deutsche Bank hire

Specialty re/insurer Sompo Canopius has appointed Tim Phillips as credit and political risk underwriter.

Phillips joins Sompo from Deutsche Bank, where he was head of credit for Russia/CIS & EE. In his new role, he will underwrite a broad spectrum of credit and political risks, and report to Bernie de Haldevang, who heads the credit and political risk team in addition to his role as global head of specialty.

The company has recently made a number of hires in the credit and political risk and trade credit areas, which are part of its strategic plan to diversify and expand the group's specialty lines.

De Haldevang commented: "Tim has an encyclopaedic knowledge of the complexity of credit risk; with a detailed understanding of the country and market risk, operational, regulatory and other issues that have to be taken into account.

"He will be a great asset to our team and I know that our clients and broker partners will appreciate his expertise and the added value he can offer."

Did you enjoy reading this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.

Today’s stories

Assurant seals $1.36bn P&C reinsurance deal

S&P cuts Allied World post acquisition by Fairfax

RSG hires ex-AIG to head new LatAm MGU

Everest makes senior hire to expand excess casualty offering in energy

Neon poaches Argo reinsurance, alternative capital director Gibson

TigerRisk joins R3 and ACORD blockchain/DLT venture

Risk Management Institution of Australasia appoints new CEO

Don't miss our monthly insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
31 July 2017   Sompo Canopius has appointed Bruce Shepherd as a credit and political risk analyst to lead the credit analysis function in the group's credit, political and crisis division.
Insurance
28 June 2017   Specialty re/insurer Sompo Canopius has appointed Tim Watson as credit and political risk underwriter.
Insurance
7 June 2017   Specialty re/insurer Sompo Canopius has hired Will Clark to head a new trade credit insurance team.