Swiss Re creates new global contingency unit; appoints head

Swiss Re Corporate Solutions, the commercial insurance arm of Swiss Re Group, has created a global contingency and sports personal accident (PA) team, and appointed Jonathan Cole to head up the unit.

As the head contingency and sports PA, Cole will be responsible for expanding these lines of business across all four regions. Based in New York, he will oversee a team of underwriters in London and New York.

Cole joined Swiss Re Corporate Solutions in 2012 and has been head of the North American contingency team since May 2014.

"Jonathan's considerable product knowledge and experience across all contingency and disability lines, as well as his extensive global network make him the ideal leader to build our team," said Andreas Hillebrand, head credit and special lines. "With his proven track record of adding new product offerings and opening up markets, I'm confident he will help us to strategically grow our business throughout the world."

Cole added: "Our new structure will foster cross-regional collaboration allowing us to better serve our clients and brokers. I look forward to growing our team and business as we expand our regional footprint and product offering within the contingency and disability space."

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